The Shenzhen Stock Exchange has accepted the company's application for issuing shares to purchase assets and raise matching funds.

Hailanxin Announcement: The company recently received a notice from the Shenzhen Stock Exchange regarding the acceptance of the application documents for issuing shares to purchase assets and raising matching funds by Beijing Hailanxin Data Technology Co., Ltd. This transaction method includes issuance of shares and cash payment to purchase 100% equity of Hainan Hailan Huanyu Ocean Information Technology Co., Ltd., and plans to issue stocks to raise matching funds to no more than 35 specific investors. The Shenzhen Stock Exchange has reviewed the application documents and decided to accept them. This transaction still needs to be reviewed by the Shenzhen Stock Exchange and obtain approval from the China Securities Regulatory Commission, and there is uncertainty.