Morning Song Paper Industry (01812): Huanggang Technology plans to acquire approximately 439 million yuan for the 39.98% stake in Morning Song Huanggang Fund.

Zhtng Cijng APP News, Chenming Paper (01812) announced that the Hubei Yangtze Chenming Huanggang Equity Investment Fund Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Chenming Huanggang Fund") was established to promote the construction of the second phase project of its holding subsidiary Huanggang Chenming Pulp and Paper Co., Ltd. (hereinafter referred to as "Huanggang Chenming"). Given that the construction of the second phase project of Huanggang Chenming has been terminated and the operating period of Chenming Huanggang Fund is about to expire. In order to further strengthen the control over Huanggang Chenming, enhance the risk resistance, sustainable operation and profitability of the listed company, its holding subsidiary Huanggang Chenming Paper Technology Co., Ltd. (hereinafter referred to as "Huanggang Technology") intends to acquire 39.98% of the fund shares of Chenming Huanggang Fund held by the limited partners Hubei Yangtze (Huanggang) Industrial Investment Fund Partnership Enterprise (Limited Partnership) for a transfer price of RMB 439,157,698.63.