Lanzhou Yellow River: The Board of Directors agrees to participate in the investment in the bankruptcy and reorganization of Hengxing Fruit Juice.

Lanzhou Yellow River announced that the 12th Board of Directors of the company approved the 19th motion of participating in the bankruptcy reorganization investment of Hengxing Fruit Juice Co., Ltd. in Zhongning County. The company agreed to participate in the bankruptcy reorganization of Hengxing Fruit Juice as an intended/restructuring investor and authorized the company's management to handle specific matters. The voting result was 9 in favor, 0 against, and 0 abstentions. The company had temporarily withheld disclosure due to commercial secrets involved in the matter, and currently has not been confirmed as a restructuring investor, but rather a priority alternative investor. Whether or not to sign an agreement is uncertain, and further progress will be disclosed.