San Yuan Co., Ltd. plans to transfer 10% of its equity in San Yuan Dehong to Nang Jiao Farm for a total of 26.85 million yuan.

San Yuan Holdings Announcement, intends to transfer 10% equity of Beijing San Yuan Dehong Real Estate Development Co., Ltd. to Beijing Nanjiao Farm Co., Ltd. at a transaction price of 26.8515 million yuan based on the evaluation value. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. The transaction has been reviewed and approved by the company's board of directors and independent directors' meeting, and does not require shareholder approval. After the completion of the transaction, the company will no longer hold equity in San Yuan Dehong.