Shudao Equipment: Terminate the acquisition of 65.43% equity of Keyi Gas

Announcement of the Shudao Equipment Company: The "Intentional Agreement for Share Acquisition" signed by the actual controller of the company, Xu Hongbo and Ran Yuqin, with Henan Keyi Gas Co., Ltd., proposes to purchase 65.43% of the shares of Keyi Gas held by Xu Hongbo, Ran Yuqin, and other shareholders by paying cash, to obtain control of Keyi Gas. Due to the failure to reach an agreement on key terms, after friendly negotiations, all parties have agreed to terminate the share acquisition and signed the "Termination Agreement for Share Acquisition". The termination of this acquisition will not have a negative impact on the company's operating performance and financial condition.