Oriental Wisdom: Modern Logistics Intends to Acquire 14.33% of Company Shares, Resuming Trading on December 22nd.

East Smart Manufacturing Announcement, the company's stock will resume trading on December 22, 2025. The company's controlling shareholder KeXiang High-Tech and the actual controller Li Bin have signed a "Stock Transfer Agreement" with Guangxi Modern Logistics Group and its wholly-owned subsidiary Logistics Technology. Modern Logistics and Logistics Technology plan to acquire 1.83 billion shares held by KeXiang High-Tech, accounting for 14.33% of the company's total share capital, through an agreement acquisition. At the same time, KeXiang High-Tech has promised to waive its voting rights of 4.87% of the company's shares. After this equity change is completed, the company's controlling shareholder will change to Modern Logistics and the actual controller will change to Guangxi State-owned Assets Supervision and Administration Commission.