Both parties: proposed change in control approved for antitrust review, transfer still needs to be completed.

The announcement states that on March 31, 2026, Liuzhou Production Investment, Liuzhou Economic Investment, and Liuzhou Yuanhong plan to transfer a total of 28% of their shares to Guangxi Guokong. After the equity change, Guangxi Guokong and its concerted parties will hold a total of 29.59% of the shares, and the company's controlling shareholder will change to Guangxi Guokong, with the actual controller changing to the Guangxi Zhuang Autonomous Region State-owned Assets Supervision and Administration Commission. This matter has been approved by the state-owned assets supervision and administration commissions of both regions. On June 9th, the company received a decision letter for further review of the antitrust review not to be implemented. This equity change still needs to be confirmed by the Stock Exchange and complete the share transfer. The company will disclose progress in a timely manner.