Fuxing Co., Ltd.: Wuhan Financial Holding plans to acquire 100% equity of Tianli Real Estate, with a tentative intention price of 650 million yuan.

Fuxing Co., Ltd. announced that its wholly-owned subsidiary, Fuxing Huayi Holdings Limited, Wuhan Dingzhong Real Estate Development Co., Ltd., Wuhan Financial Holding Co., Ltd., and the target company Tianli Real Estate Co., Ltd. intend to sign a "Share Acquisition Intent Agreement." Wuhan Financial Holding intends to acquire a total of 100% equity of Tianli Real Estate held by the sellers, with Huayi Holdings holding 71.58% and Dingzhong Real Estate holding 28.42%. The tentative intended price is RMB 650 million. This acquisition is still in the planning and due diligence stage; the formal agreement has not yet been signed, it does not involve related party transactions, and does not constitute a major asset reorganization.