According to Meichen Ecology's announcement, the company plans to adjust the major asset sale plan to change the method of transferring 100% of the shares held by Saishi Garden under a non-disclosure agreement to a public listing transfer through the Shandong Property Exchange Center. After the transaction is completed, it will no longer hold Saishi Garden's shares and divest the source of core losses. This transaction constitutes a major asset restructuring and does not constitute a restructuring and listing. As of the disclosure date of the announcement, all financial audits and asset evaluations involved in this transaction have been completed, and the intermediary agency is proceeding with internal approval and issuance of an official report; the company pre-disclosed information on the project on September 15, 2026. The pre-disclosure period is from September 15 to October 16, 2026, and an official disclosure application will be submitted later. There is still uncertainty about whether this transaction can be collected from qualified transferees and whether it can pass review and approval.

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