China Minmetals Corporation: Intends to acquire a 20% stake in Cooper New Energy in cash, and expects to constitute a major asset restructuring.

Huikun Group announced that the company plans to acquire 20% of the equity of Cooper New Energy through cash payment, while the shareholders of Cooper New Energy, represented by Yu Chunsheng, will ensure that the listed company holds not less than 51% of the voting rights of the target company by entrusting or transferring at least 31% of the voting rights. The specific acquisition plan and acquisition ratio will be further studied and negotiated. After the completion of this transaction, Cooper New Energy will become a wholly-owned subsidiary of the company. This transaction is expected to constitute a major asset restructuring. The company's stock will not be suspended during the planning of this transaction and the company will fulfill its disclosure obligations in stages according to the progress of relevant matters.