Guannong Corporation: Termination of the Tomato Products Construction Project in Lunta County.
Guannong Corporation Announcement: Due to the lengthy duration of the construction of the tomato product project in Luntai County since its planning, and the fact that the land transfer area is still unable to support the operational needs after the completion of the project, in order to effectively safeguard the interests of the listed company and the majority of investors, the company plans to terminate the construction project of tomato products in Luntai County. The Eighth Second Board of Directors meeting of the company on July 28, 2025 passed the resolution on "Termination of the construction project in Luntai County", agreed to terminate the construction project in Luntai County, and authorized the management team to handle all matters related to the termination of the project. Voting result: 9 in favor, 0 against, 0 abstentions. This matter still needs to be approved by the Third Extraordinary Shareholders' Meeting of 2025.
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