According to Xinwufeng's announcement, the company plans to purchase 18.8812% of the shares of Guanglian Company held by 7 natural person shareholders of the holding subsidiary Hunan Changzhu Tan Guanglian Pig Trading Market Co., Ltd. through an agreed transfer of 53.743 million yuan. The transaction was based on December 31, 2025 as the evaluation reference date. The assessed value of all shareholders' equity of Guanglian Company was RMB 284.637,800. The transaction price was determined on this basis. The source of capital was 16.743 million yuan of own capital and 37 million yuan of bank loans. The purchase was paid in two installments. This transaction does not constitute a related transaction or major asset restructuring. It has been reviewed and approved by the board of directors of the company and has not met the criteria for review by the shareholders' meeting. After the acquisition is completed, the company's shareholding ratio in Guanglian will rise to 83.9161%, and Guanglian is still the company's holding subsidiary.

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