Hualu Group: Wholly-owned subsidiary Hualu Asia intends to acquire 19% of Shenghui Clean Technology's shares for 47.5 million Hong Kong dollars.

China Luxshare Announcement: The company's wholly-owned subsidiary, Huali Industrial Co., Ltd., has signed a share purchase agreement with Cleanness Investment Holdings Limited and Chen Liming, the shareholders of Ascendant Clean Group Holdings Limited. China Luxshare Asia will purchase 19% of Ascendant Clean's shares held by Cleanness Investment Holdings Limited and Chen Liming for 47.5 million Hong Kong dollars from its own funds or self-raised funds. This transaction has been reviewed and approved by the Strategic Development Committee and Audit Committee of the Board of Directors before being submitted to the Board of Directors for approval. This transaction does not meet the standards for shareholder approval.