Tongkun Corporation: intends to acquire 100% equity of Zhongcan Energy for 1.5427 million yuan.

Kunming Tong announced that, due to the future business development needs of the company, it plans to acquire 100% equity of Xinjiang Zhongcan Comprehensive Energy Co., Ltd., a wholly-owned subsidiary of Zhejiang Leixin Industrial Co., Ltd., for a cash payment of 1.5427 million RMB. The counterparty of this transaction is Leixin Industrial, a shareholder holding more than 5% of the company's shares, which constitutes a related party transaction. The company convened a board meeting on June 20, 2025, to review and approve the relevant proposals and authorize the management to handle matters related to this transaction. The transaction will be conducted entirely in cash and does not constitute a major asset restructuring.