Shanmei International: A controlling subsidiary purchases a coal production capacity of 2.1 million tons per year for 302 million yuan.

Shanmei International announced that its controlling subsidiaries Changchun Xing Coal Industry and Hanjiawa Coal Industry participated in the bidding, purchasing 5 coal mines with an annual coal production capacity of 2.1 million tons from its indirectly controlled shareholder Shanxi Coking Coal Group for 302.4372 million yuan, for the purpose of replacing the capacity. The transaction constitutes a related party transaction and does not constitute a major asset restructuring. This matter has been approved by the company's board of directors and a special meeting of independent directors, and does not require approval from a shareholder meeting. After the completion of the transaction, it is estimated that intangible asset amortization expenses will increase by no more than 16.72 million yuan per year.