Green Line: Hold subsidiary Green Recycled Materials 100% equity transferred to Henan Recycling Group.

Green Beauty announced that its holding subsidiary, Green Recycling, has signed an agreement on the acquisition of 100% equity of Jiangxi Green Recycling Materials Co., Ltd. with Henan Recycling Technology Industry Group. Green Recycling will transfer 100% equity of its wholly-owned subsidiary, Green Recycling Materials, which is engaged in electronic waste recycling and plastic regeneration business, to Henan Recycling Group. The equity transfer amount is 280 million yuan, and the debt transfer price is 682 million yuan. After this equity transfer is completed, the company will no longer hold equity in Green Recycling Materials. It is estimated that the investment income that can be realized from this transaction is approximately 10 million yuan.