According to the Tibet Development Announcement, the company used 292 million yuan in cash to acquire 50% of the shares of Tibet Lhasa Beer Co., Ltd. held by Carlsberg International. The transaction constituted a major asset restructuring and did not constitute a related transaction or restructuring listing. As of the date the inspection opinion was issued, the underlying assets had completed the registration of industrial and commercial changes, the consideration for the transaction had been paid, and Tibet Development held 100% of the shares in Lhasa Beer. During the implementation of this transaction, there were no cases of capital occupation or irregularity guarantees by related parties. Relevant agreements and commitments were carried out normally, and there were no substantial legal barriers to handling follow-up matters.

According to the Tibet Development Announcement, the company used 292 million yuan in cash to acquire 50% of the shares of Tibet Lhasa Beer Co., Ltd. held by Carlsberg International. The transaction constituted a major asset restructuring and did not constitute a related transaction or restructuring listing. As of the date the inspection opinion was issued, the underlying assets had completed the registration of industrial and commercial changes, the consideration for the transaction had been paid, and Tibet Development held 100% of the shares in Lhasa Beer. During the implementation of this transaction, there were no cases of capital occupation or irregularity guarantees by related parties. Relevant agreements and commitments were carried out normally, and there were no substantial legal barriers to handling follow-up matters.