LuXin Venture Capital: Intends to publicly transfer a 14.46% ownership stake in Bi'an Power at a minimum price of 56.0079 million yuan.

Lu Xin Venture Capital announced that the company and its wholly-owned subsidiary, Shandong Gaoxin Investment, plan to publicly transfer all of their 14.46% stake in Shandong Bi'an Electric Power Technology Co., Ltd. on the Shandong Property Rights Exchange Center in accordance with relevant regulations on state-owned asset management. The listed reserve price is 56.0079 million yuan. As of December 31, 2025, Bi'an Electric Power has a net asset of 30.126 million yuan, operating income of 192 million yuan in 2025, and a net profit of 35.2187 million yuan. This transaction does not constitute a major asset restructuring and there are no major legal obstacles.