Qingdao Degu Te Purchase Haohai Jingyun's equity transaction is progressing, with existing uncertainties.

Qingdao Degu Te Energy-saving Equipment Co., Ltd. announced the progress of issuing shares, paying cash to purchase assets, and raising supporting funds. The company plans to purchase 100% equity of Haoheng Cloud Computing Technology Co., Ltd., which is expected to constitute a major asset restructuring and related party transaction, but not a restructuring for listing. The company's stock has been suspended from trading since June 30th and will resume trading on July 14th. As of the date of this announcement, related transactions are still in progress, with auditing, evaluation, and other tasks yet to be completed. This transaction is still subject to review and approval by the board of directors, shareholders' meeting, Shenzhen Stock Exchange, and China Securities Regulatory Commission, and there are uncertainties. The company will issue progress announcements every thirty days in accordance with regulations to remind investors to be aware of risks.