Li Hong Inspection: Acquire the remaining 45% of the target company's equity, at a cost of 50 million yuan.

Lihong Inspection Announcement: The buyer and the seller have entered into a stock transfer agreement, with the buyer agreeing to purchase 45% of the target company's shares held by the seller for a total price of 50 million RMB. Upon completion of the transaction, the target company will become an indirect wholly-owned subsidiary of Lihong Inspection. The seller is a major shareholder of the target company and a related party of Lihong Inspection at the subsidiary level. The transaction must comply with the reporting and announcement requirements under Chapter 14A of the listing rules, but is exempt from compliance with the circular, independent financial advice, and shareholder approval requirements.