Hongda Group: Shudao Group's tender offer for acquisition of shares has been completed, and plans for the follow-up will be carried out in an orderly manner.

Hongda Corporation announced that Shudao Group's affiliated company Tianfu Chunxiao has acquired 93.15% of the trust beneficiary rights through a trust plan, indirectly controlling 4.92% of the shares of the listed company, triggering a mandatory takeover offer. During the offer period from November 4, 2024 to December 3, a total of 77,400 shares were pre-accepted, accounting for 0.0038%. As of December 11, the settlement and transfer were completed, with Shudao Group and its concerted parties collectively controlling 31.31% of the shares. In July 2025, Shudao Group plans to subscribe for additional shares in cash, and after completion, will hold 47.17% of the shares. During the continued supervision period, the acquirer and the listed company operated in compliance, the relevant entities fulfilled their commitments, the main business remained unchanged, and any adjustments to the board and senior management, articles of association, business, and organizational structure were carried out in accordance with laws and regulations.