According to Bingshan Hot & Cold's announcement, the company and related party, Bingshan Huigu Company, intend to renew the “Supplementary Agreement to the Land and Housing Lease Contract” for land and housing leases in the old factory area, agreeing that the total rent from January 1, 2026 to December 31, 2028 will be 299.583 million yuan, an annual rent of 9.9861 million yuan, an increase of 5% over 2025. The 10th board meeting of the 10th board of directors of the company held on August 12 deliberated and passed the related transaction bill, and related director Xu Wei evaded it. This transaction does not constitute a major asset restructuring and does not require approval from the shareholders' meeting.

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