Gui Sheng Co., Ltd.: Intends to sign a currency compensation agreement for the relocation and technological transformation project.

On December 3, Guisheng Group announced that the company plans to sign a "Monetary Compensation Agreement for the Whole Relocation Project of Technological Transformation in Another Place" with its controlling shareholder, Guisheng Group, and Zunyi Guisheng Real Estate Development Co., Ltd., agreeing that Guisheng Fangkai will provide a monetary compensation of 150 million yuan to the company for vacating the factory. After the transaction is completed, it will have a positive impact on the company's current profits. Guisheng Fangkai is a wholly-owned subsidiary of Guisheng Group, and this related party transaction is to resolve the compensation issues related to the relocation of the company's fourth plant.