Hassen Group: Apply for extension to reply to inquiry letter on review of issuing shares to purchase assets.

Hassen Co., Ltd. announced that it plans to purchase 45% equity of Suzhou Langkes Precision Hardware Co., Ltd. through the issuance of shares and raise the necessary funds. The company received a "Review Inquiry Letter" from the Shanghai Stock Exchange on June 26 and is required to reply within one month. If it is difficult to reply on time, an extension of one month can be requested. Due to the need for further verification of some matters, it is expected that the reply cannot be completed within 30 days. The company has applied for an extension of up to 30 days and will submit the reply documents before the deadline. This transaction still requires review by the Shanghai Stock Exchange and approval by the China Securities Regulatory Commission, and there is uncertainty as to whether it will be approved.