Jiuliang Co., Ltd. announced that the company plans to obtain no less than 51% of Haidi New Energy's shares and gain control through a cash transfer. The transaction is expected to constitute a major asset restructuring, not involving the issuance of shares, not a related transaction, and will not lead to changes in the controlling shareholder or actual controller. As of the date of disclosure of the announcement, the due diligence work of the company and various intermediaries on the subject of the transaction was still in progress. The transaction is still in the preliminary planning stage. There is significant uncertainty, and trading of the company's shares has not been suspended.

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