Zhuoran Group's subsidiary sells equity assets and completes the transaction.

On July 9, 2025, the 20th meeting of the third board of directors of Shanghai Zhuoran Engineering Technology Co., Ltd. reviewed and approved the proposal for its holding subsidiary Zhuoran Integrated Technology Co., Ltd. to sell 95% equity of Zhuohe Energy Technology Co., Ltd. to Daishan Huafeng Shipbuilding Co., Ltd. On July 25, the proposal was passed at the first extraordinary general meeting of shareholders in 2025, with the equity transaction price of 723 million yuan. As of the announcement disclosure date on September 12, the company has received the full transfer price, the business registration for the transfer of equity of the target company has been completed, the equity transfer has been completed, and Zhuohe is no longer included in the company's consolidated financial statements.