Shenzhen Stock Exchange issues a letter of concern to Sunflower, requesting verification and explanation of relevant issues related to the disclosure materials of ThatCo.

On December 26, the Shenzhen Stock Exchange issued a letter of concern to Sunflower. The company disclosed a plan on September 22, proposing to purchase 100% equity of Xipu Material from Shanghai Xipu Technology Co., Ltd. through the issuance of shares and payment of cash. The Shenzhen Stock Exchange requested the company to verify and explain the distribution of Xipu materials production capacity, the actual situation of Zhangzhou factory and Lanzhou factory, and the accuracy of the plan-related content. They also asked for additional clarification on whether this restructuring will result in significant adverse effects such as increased industry competition and related party transactions that could severely impact independence or display fairness.