Leo Co., Ltd. announced that it intends to sign a “Related Transaction Framework Agreement” with the related party Shanghai Chuangxing Resources Development Co., Ltd. The enterprise Chuangxing Resources and its subsidiaries, which are actually controlled by Mr. Wang Xiangrong, the majority shareholder and actual controller of the company, will undertake construction and supporting projects for plants and other projects of the company and its subsidiaries, including but not limited to construction contracting for construction projects, procurement, processing, production and installation of engineering materials, and other related services.

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