Shenzhen Liande Automatic Equipment (300545.SZ) subsidiary Hengyang Liande intends to sell its related land assets.

Shenzhen Liande Automatic Equipment (300545.SZ) announced that to improve asset operation efficiency, its wholly-owned subsidiary, Hengyang Liande Automation Electrical Equipment Co., Ltd. (hereinafter referred to as "Hengyang Liande"), signed a "Land Use Rights and Above-ground Building Purchase Agreement" with Hengyang Zhong Zai Recycling Resources Co., Ltd. (hereinafter referred to as "Zhong Zai Company") on May 23, 2026. Hengyang Liande intends to transfer the land use rights and above-ground buildings located in Baishazhou Industrial Park, Yanfeng District, Hengyang City to Zhong Zai Company in its current state for a transaction price of RMB 28 million (including tax). The sale of part of the assets to external parties this time is a prudent decision made by the company based on the current macroeconomic situation, industry development status, and the actual operating conditions of the company. Through this asset sale, the company can further optimize and adjust its asset structure, enhance operational cash flow, improve asset operation efficiency, without affecting the normal production and operation of the company, and is in line with the long-term interests of the company and all shareholders.