Guoguang Co., Ltd.: Plans to acquire a 51% controlling stake in Heliwei for RMB 34.2451 million.

Guoguang Co., Ltd. announced that the company plans to acquire, for RMB 34.2451 million, a 51% equity interest in Shandong Heliwei Fertilizer Co., Ltd. held collectively by six shareholders including Shangguan Zihan. Upon completion of the transaction, Heliwei will be included in the company's consolidated financial statements. If Heliwei meets the agreed performance conditions for 2027-2029, the company will make a conditional capital increase in it, with the capital increase funds recorded in capital reserve, without changing the equity structure, and the cumulative capital increase amount shall not exceed RMB 120 million. This transaction does not constitute a major asset restructuring or a related-party transaction and has been approved by the company's board of directors.