Union Meikong Holdings: Subsidiary fails to achieve expected economic benefits and suspends production recently.

Announcement from Lianmei Holdings: Due to overall economic slowdown and a decrease in local automotive customers, Fulin Heat, a subsidiary of the company, is unable to achieve expected economic benefits, leading to continuous losses. In order to prevent further losses and protect shareholder interests, Fulin Heat has decided to suspend production starting from recent days, and will decide whether to resume production in the future depending on market conditions. Fulin Heat mainly produces industrial steam and provides qualified industrial steam to customers. The suspension of production is expected to reduce its impact on the company's performance, in line with the interests of the company and all shareholders. Specific effects of the production suspension on the company's financial data will be based on audited financial reports. After the suspension, Fulin Heat will lawfully and properly arrange for employee placement.