Guotou Zhonglu: The company's asset restructuring and supporting financing plan has been approved by the State-owned Assets Supervision and Administration Commission of the State Council.

Guotou Zhonglu announced that it plans to acquire 100% of the shares of China Electronics Engineering Design Institute Co., Ltd. by issuing shares, and to issue shares to no more than 35 specific investors to raise supplementary funds. Recently, the company's controlling shareholder, China Development Investment Group Co., Ltd., received approval from the State-owned Assets Supervision and Administration Commission of the State Council, which tentatively agreed to the overall plan for Guotou Zhonglu's asset restructuring and financing. This transaction still needs to be reviewed by the company's shareholders' meeting, approved by the Shanghai Stock Exchange, approved by the China Securities Regulatory Commission, and obtain any other necessary approvals, approvals, filings, or permits as required by relevant laws and regulations.