Jianlong MicroNano: Planning to acquire at least 51% of the shares of Hanxing Energy.

Jianlong Micronano Announcement, Luoyang Jianlong Micronano New Materials Co., Ltd. is planning to acquire no less than 51% of the shares of Shanghai Hanxing Energy Technology Co., Ltd. by means of cash payment for equity acquisition. After the completion of this transaction, the company will become the controlling shareholder of the target company. This transaction does not constitute a related party transaction. Preliminary calculations indicate that this transaction is expected to constitute a major asset restructuring situation as stipulated in the "Administrative Measures for Major Asset Restructuring of Listed Companies." This transaction does not involve the issuance of shares by the company, nor will it result in a change in the company's control.