Hankun Environment: the acquisition of Yuefeng Environmental Protection received approval from the national asset regulatory department.

Hanlan Environmental announced that the company plans to purchase 100% equity interest in a high-quality development fund partnership enterprise of a listed company in Nanhai, Guangdong, through the issuance of shares and payment of cash, and to purchase 7.22% of the shares of Yuefeng Environmental held by Zhenda Development with cash, ultimately achieving 100% controlling stake. At the same time, it plans to raise supporting funds of up to 1.2 billion yuan. Recently, the State-owned Assets Supervision and Administration Bureau of Nanhai District, Foshan City approved the transaction scheme. This transaction still needs to go through necessary decision-making procedures and obtain approvals, and there are uncertainties involved.