Xiangshan Co., Ltd. announced that the company is planning to issue shares and pay cash to purchase 100% of Zhejiang Wuluo Smart City Technology Co., Ltd. and raise supporting capital. This transaction is not expected to constitute a major asset restructuring or related transaction. It will not lead to a change in the actual controller of the company, and will not constitute a restructuring and listing. Trading of the company's shares has been suspended since the opening of the market on September 1, 2026. It is expected that the trading plan will be disclosed within no more than 10 trading days. If not disclosed as scheduled, trading will resume and plans will be terminated from the opening of the market on September 15, 2026. At present, the company has signed an agreement of intent to acquire the target shareholder. The deal is still in the planning stage, and there is uncertainty.

Xiangshan Co., Ltd. announced that the company is planning to issue shares and pay cash to purchase 100% of Zhejiang Wuluo Smart City Technology Co., Ltd. and raise supporting capital. This transaction is not expected to constitute a major asset restructuring or related transaction. It will not lead to a change in the actual controller of the company, and will not constitute a restructuring and listing. Trading of the company's shares has been suspended since the opening of the market on September 1, 2026. It is expected that the trading plan will be disclosed within no more than 10 trading days. If not disclosed as scheduled, trading will resume and plans will be terminated from the opening of the market on September 15, 2026. At present, the company has signed an agreement of intent to acquire the target shareholder. The deal is still in the planning stage, and there is uncertainty.