Hundreds Benefit Thousand Achieve: Intends to acquire 100% stake in Zhonglian Century and disclose transaction confidentiality measures.

Bainacheng announced that it plans to directly and indirectly acquire 100% of Zhonglian Century's shares through the issuance of shares and payment of cash, and to raise supporting funds. The company has taken necessary and sufficient confidentiality measures for this transaction, strictly following relevant laws and regulations and internal management systems, controlling the scope of insiders, preparing progress memos and insider registration forms, reminding insiders to fulfill confidentiality obligations multiple times, and has already applied to the Shenzhen Stock Exchange to suspend trading of the stock.