Mountain High Environmental Protection: Intends to bid 35.2557 million yuan for the acquisition of 65% equity of Sande in Hengyang

Shan Gao Huan Energy announced that the company held the twenty-sixth meeting of the eleventh board of directors on May 21, 2026, and approved the proposal to participate in the bidding for 65% equity of Hengyang Sande Kai Tian Renewable Resource Technology Co., Ltd. The bidding will be publicly conducted on Taobao from 10:00 on May 23 to 10:00 on May 24, with a starting price of 35.2557 million yuan, a deposit of 3.52 million yuan, and a bidding increment of 170,000 yuan. If the bidding is successful, it will expand the company's capacity for kitchen waste treatment, enhance its influence and competitiveness. However, there is uncertainty as to whether the bidding results and transactions can be achieved.