Hongsifang announced that the 10th meeting of the fourth board of directors of the company deliberated and passed the asset purchase and related transaction bill, agreeing to purchase land use rights and ground attachments for part of the industrial land located in the Hefei Circular Economy Demonstration Park from the controlling shareholder Zhongyan Anhui Hongsifang Co., Ltd., and that the transaction used an assessed value of 3.8738 million yuan as the evaluation reference date, as the transaction price, and related director Wang Jisuo avoided voting. At the same time, the conference reviewed and passed proposals relating to the 2025 management performance assessment and the 2026 management assessment indicators.

Hongsifang announced that the 10th meeting of the fourth board of directors of the company deliberated and passed the asset purchase and related transaction bill, agreeing to purchase land use rights and ground attachments for part of the industrial land located in the Hefei Circular Economy Demonstration Park from the controlling shareholder Zhongyan Anhui Hongsifang Co., Ltd., and that the transaction used an assessed value of 3.8738 million yuan as the evaluation reference date, as the transaction price, and related director Wang Jisuo avoided voting. At the same time, the conference reviewed and passed proposals relating to the 2025 management performance assessment and the 2026 management assessment indicators.