Tianyuan Pets: Intends to purchase 89.71% equity of Taotong Technology.

Announcement from Tianyuan Pet: The company plans to purchase 89.71% of the equity of Guangzhou Taotong Technology Co., Ltd. through the issuance of shares and payment of cash, and intends to issue shares to no more than 35 specific investors to raise funds. This transaction is expected to constitute a related party transaction, a major asset restructuring, but not a restructuring for listing. As of the date of this announcement, apart from the risk factors disclosed in this transaction proposal, the company has not identified any relevant issues that could lead to the company's board of directors or the counterparty revoking, suspending or making substantial changes to this transaction proposal. The transaction is proceeding in an orderly manner.