Zhejiang Jian: plans to issue shares to purchase assets and raise matching funds.

Zhejiang Jian Group announced in the evening that the company plans to purchase a 13.05% equity stake in Zhejiang First Construction Group Co., Ltd., a 24.73% stake in Zhejiang Second Construction Group Co., Ltd., and a 24.78% stake in Zhejiang Third Construction Group Co., Ltd. from Guoxin Jianyuan Equity Investment Fund Partnership Enterprise by issuing shares, and to raise matching funds through the issuance of shares. The Mergers and Acquisitions Review Committee of the Shenzhen Stock Exchange is scheduled to hold the 11th Mergers and Acquisitions Review Committee meeting for the year 2025 on November 27, 2025 to review the company's proposed transaction.