Pingtan Development: Intends to sell 1.30% equity of East Number One to Dongyang Guang for a transaction price of 150 million yuan.

The Pingtan Development Announcement stated that the company plans to sell 1.30% equity of Yichang Dongshu No.1 Investment Co., Ltd. held by the company to Guangdong Dongyang Lighting Technology Holdings Co., Ltd. The transaction price is 150 million yuan, and Dongyang Lighting will pay in the form of issuing shares, with an issue price of 19.68 yuan per share. The company will receive 7.622 million shares. This transaction is a financial investment and will not have a significant impact on the company's daily operations.