ST Xi Fa: Plans to acquire 50% equity stake of Lhasa Beer.

ST Xi Fa Announcement: The company plans to acquire 50% of Lhasa Beer's shares held by Carlsberg International Limited in cash. Currently, the company already holds 50% of Lhasa Beer's shares, making it the controlling shareholder. If the transaction is completed, the company will hold 100% of Lhasa Beer's shares, which will enhance the company's asset integrity and ongoing operational capabilities. This transaction does not involve issuing shares, does not constitute a related party transaction, and will not result in a change in the controlling shareholder or the actual controller. As of the announcement date, the company is undergoing auditing and evaluation work, and the transaction is still at the planning stage with uncertainties. The company will comply with the relevant procedures and disclosure requirements as per the "Measures for the Administration of Major Asset Restructuring of Listed Companies."