Jinlihua Electric: The issuance of shares to purchase assets and the fundraising matters are ongoing.

Jinrihua Electric announced that the company plans to issue shares and pay cash to acquire 82.50% equity in Xi'an Zhongke Xiguang Aerospace Technology Group Co., Ltd. At the same time, it will issue shares to its controlling shareholder Shanxi Hongtaiyang Tourism Development Co., Ltd. to raise matching funds. This transaction constitutes a related party transaction and is expected to be a major asset restructuring. As of the announcement date, due diligence, auditing, and appraisal related to this transaction are ongoing, and no issues have been discovered that could lead to the cancellation, suspension, or substantial alteration of the transaction plan. This transaction still needs to go through subsequent review, approval, and registration procedures, and its final implementation remains uncertain.