Delbond Lighting: The transfer of shares for a major asset restructuring has been completed, and the private placement is continuing to move forward.

Deyang Lighting announced that the company plans to acquire 60.9171 million shares of Jiali Shares for 654 million yuan and subscribe for 1 billion newly added shares for 800 million yuan. After the completion of the transaction, the company will hold 161 million shares of Jiali, accounting for 67.48% of the total shares. As of now, the transfer of the shares has been completed and the company obtained a confirmation letter on July 21. The company is continuing to advance the subscription for additional shares in the private placement and related matters. The completion of the transaction is subject to the payment of the consideration, and the final completion time is uncertain.