Huijin Co., Ltd.: Termination of planning to acquire 20% equity in Cooper New Energy for major asset restructuring.

Huijin Co., Ltd. announced that the company planned to acquire 20% of the shares of Cooper New Energy Co., Ltd. in cash and to be entrusted with or acquire no less than 31% of the voting rights as of August 29, 2025. Given that the parties involved in the transaction failed to reach an agreement on the core terms, it was unanimously agreed to terminate this major asset restructuring matter. The company commits to not planning any major asset restructuring for at least one month from the date of the announcement.