Yongda Co., Ltd. announced that the company plans to purchase 49.00% of Ge Yanming's shares in Jiangsu Jinyuan High-end Equipment Co., Ltd. by issuing shares and paying cash, while raising supporting capital. This transaction constitutes a related transaction. It is not expected to constitute a major asset restructuring or a restructuring listing. Since the disclosure of the transaction plan, the company and the parties involved in the transaction have actively promoted the work related to this transaction. As of the disclosure date of this announcement, apart from the risk factors already disclosed, the company has not discovered any relevant matters that could cause the company's board of directors or counterparty to cancel or suspend the transaction or make substantial changes to the transaction plan. The work related to this transaction is being carried out in an orderly manner. The company will continue to actively promote the transaction and promptly carry out the follow-up approval and information disclosure procedures for this transaction in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange.

Yongda Co., Ltd. announced that the company plans to purchase 49.00% of Ge Yanming's shares in Jiangsu Jinyuan High-end Equipment Co., Ltd. by issuing shares and paying cash, while raising supporting capital. This transaction constitutes a related transaction. It is not expected to constitute a major asset restructuring or a restructuring listing. Since the disclosure of the transaction plan, the company and the parties involved in the transaction have actively promoted the work related to this transaction. As of the disclosure date of this announcement, apart from the risk factors already disclosed, the company has not discovered any relevant matters that could cause the company's board of directors or counterparty to cancel or suspend the transaction or make substantial changes to the transaction plan. The work related to this transaction is being carried out in an orderly manner. The company will continue to actively promote the transaction and promptly carry out the follow-up approval and information disclosure procedures for this transaction in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange.