In addition to the other information set forth in this report, you should carefully consider the factors discussed in Item 1A. “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 31, 2026, as amended and supplemented by Amendment No.1 on Form 10-K/A filed with the SEC on April 30, 2026, which could materially affect our business, financial condition, results of operations, and cash flows. The risks described in our Annual Report on Form 10-K are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently consider immaterial may also materially adversely affect our business, financial condition, results of operations, and cash flows. There have been no material changes in the risk factors contained in our Annual Report on Form 10-K other than those explained below. Our T1 Warranty (as defined herein) framework following the FEOC Restructuring may expose us to warranty claims that exceed our insurance coverage or financial reserves, or may prove less competitive than the warranties offered by other module manufacturers. As a result of the FEOC Restructuring, Trina Solar no longer provides product warranties for PV solar modules sold by the Company unless branded with the Trina trademark. In response, the Company established its own product warranty for PV solar modules sold by the company (the “T1 Warranty”), which became effective upon the first delivery of T1-branded modules in July 2026. The T1 Warranty was developed by reference to warranties offered by leading solar module manufacturers and is expected to be backed by third-party warranty insurance. Any interruption or degradation of the Company’s warranty support capabilities could impair our ability to address customer complaints and warranty claims in a timely manner, harming customer relationships and adversely affecting future sales. If the T1 Warranty (or, where applicable, any third-party warranty arranged for specific customers) proves less competitive than the warranties offered by other module manufacturers, or if warranty claims exceed the coverage provided by our warranty insurance or our financial reserves, we may be less competitive, experience longer sales cycles, and be unable to attract or retain customers. Any of these outcomes could adversely affect our business, results of operations, and prospects.