According to the Central Plains Environmental Protection announcement, Xinhong Company, a wholly-owned subsidiary of the company, sold 49% of the shares of its wholly-owned subsidiary Xinsheng Company through a public listing at the Henan Property Exchange Center, with a reserve listing price of 980,000 yuan. During the listing period, a qualified intended transferee, Lifengyuan Company, was collected and identified as the transferee. The two parties signed a “Property Rights Transaction Contract” with a transfer price of 980,000 yuan. This transaction does not constitute a related transaction or major asset restructuring, and will not have a significant impact on the company's financial situation and operating results.

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