Zhejiang Agricultural Co., Ltd. announced that Zhejiang Agricultural Company, a wholly-owned subsidiary of the company, plans to acquire 9.8278% of the shares of Yang Xiangdong and Zhao Min's subsidiary holding company Aipu with its own capital of not more than 159.4568 million yuan; the Aipu team plans to acquire 2.4 234% of Yang Xiangdong's 2.4234% shares held by Yang Xiangdong, and Zhejiang Agricultural Company plans to relinquish the preferential purchase rights for this part of the shares. After the transaction is completed, Zhejiang Agricultural Materials will hold 61.8278% of Aipu's shares. Aipu is still a holding company under the company, and the scope of the consolidated statement remains unchanged. This transaction constitutes a related transaction and does not constitute a major asset restructuring.

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