Dragon Gourmet: Abandoning acquisition of Wucang Agriculture and Animal Husbandry equity

Longda Fine Food Announcement: On September 19, 2025, the company held the fifth meeting of the sixth board of directors, which approved the "Proposal to Abandon the Acquisition of Equity of Wucang Agricultural and Animal Husbandry Group Co., Ltd." The company agreed to abandon the acquisition of the equity of Wucang Agricultural and Animal Husbandry Group Co., Ltd., held by the controlling shareholder Lanrun Development Holding Group Co., Ltd. As of June 30, 2025, the net assets of Wucang Agricultural and Animal Husbandry Group Co., Ltd. were 109 million yuan, and the net profit for January-June 2025 was 3.9741 million yuan. The reasons for abandoning the acquisition include focusing on the food industry, high debt ratio of Wucang Agricultural and Animal Husbandry Group Co., Ltd., uncertainty in the industry cycle, and the company's current financial situation not meeting the conditions for acquisition.