Wanxiang Dennong: Controlling shareholder Wanxiang Sannong plans to increase its stake in the company by 25 million to 50 million yuan.

Announcement from Wanxiang DeNong: The controlling shareholder, Wanxiang Sannong Group Co., Ltd., plans to increase its holdings of company shares through centralized bidding trading on the Shanghai Stock Exchange trading system within 12 months from the date of this announcement. The total amount of the increase shall not be less than 25 million yuan and not exceed 50 million yuan. The source of the funds for the increase will be a special loan provided by the Hangzhou Branch of China Construction Bank and Wanxiang Sannong's own funds.