Hainan Airport: The conditions precedent for the acquisition of Meilan Airport's equity have been met and the transaction is progressing as planned.

Hainan Airport Announcement: If the closing price of the company's stock has deviated from the previous trading day's closing price by a cumulative 20% for three consecutive trading days, it will be considered abnormal stock trading volatility. The company has conducted a self-inspection and written inquiries to the controlling shareholder and indirectly controlling shareholder, and confirmed that there are no significant matters relating to the company that have not been disclosed as required. On December 11, 2025, the company disclosed the progress of completing the overseas direct investment process and the conditions for the effectiveness of related party transactions in the announcement. The prerequisites for the acquisition of Meilan Airport Holdings have been met, and the company is progressing with the transactions as planned.