Boen Group: Plans to change part of the raised investment funds to acquire equity in three feed companies.

Boen Group announced that the company plans to terminate the Zhejiang Boen 120,000-ton-per-year feed project and the Chongqing Bawei Biotechnology 120,000-ton-per-year feed project, and change the unused raised funds corresponding to the above projects, totaling RMB 89.8571 million plus interest, to acquire 100% equity in each of the three feed companies: Cargill, Cargill, and Cargill. The total purchase price of this acquisition is RMB 113 million, with the difference to be covered by the company's own funds or self-raised funds, and the implementing entity is the wholly-owned subsidiary Guangdong Boen Investment Co., Ltd. This matter has been approved by the board of directors and still needs to be submitted to the shareholders' meeting for review. It does not constitute a related-party transaction or a major asset restructuring.