Shan Gao Huan Neng: The acquisition of 65% of Hengyang Sander's shares has led to a lawsuit from shareholders, involving an amount of 50 million yuan.

Shan Gao Huan Neng announced that the company previously disclosed its plan to acquire 65% equity of Hengyang Sander for 50 million yuan. Recently, Aerospace Kaitian, a shareholder holding 35% equity of Hengyang Sander, filed a lawsuit regarding the shareholders' right of first refusal, asserting that it only needs to pay a cash price of 50 million yuan to match the same transaction conditions to exercise the right of first refusal. As of the announcement date, the company has not yet paid the equity transfer price to Shandong Zijiang, and the case has not been heard, making it temporarily impossible to assess the specific impact on the company's acquisition.