Haiqi Group: Signed Equity Transfer Agreement with Haiqi Holdings, transferring 100% equity of wholly-owned subsidiary Hainan Haiqi Equipment Co., Ltd.

Haiqi Group announced that the company has signed a share transfer agreement to transfer 100% of the equity of its wholly-owned subsidiary Hainan Haiqi Equipment Co., Ltd. The company will closely monitor the progress of the payment of the share transfer price and assist in handling the procedures for business changes. This transaction is expected to increase the company's annual profit by approximately 5 million yuan and increase its capital reserve by approximately 47.6 million yuan.