According to Hanlan Environmental's announcement, the company plans to issue shares and pay cash to purchase 100% of the assets of the South China Sea High Quality Development Fund, pay cash to purchase 7.22% of Yuefeng Environmental Protection shares to achieve 100% control, and plans to raise no more than 1.2 billion yuan in supporting capital by issuing shares to no more than 35 specific investors. The Shanghai Stock Exchange suspended the review of this transaction because the financial information in the transaction application documents expired on September 30, 2026 and required additional submission. This suspension will not have a significant adverse impact on the transaction. The company's relevant updates have basically been prepared. The materials will be submitted and the review will be resumed as soon as possible. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission. There is uncertainty.

According to Hanlan Environmental's announcement, the company plans to issue shares and pay cash to purchase 100% of the assets of the South China Sea High Quality Development Fund, pay cash to purchase 7.22% of Yuefeng Environmental Protection shares to achieve 100% control, and plans to raise no more than 1.2 billion yuan in supporting capital by issuing shares to no more than 35 specific investors. The Shanghai Stock Exchange suspended the review of this transaction because the financial information in the transaction application documents expired on September 30, 2026 and required additional submission. This suspension will not have a significant adverse impact on the transaction. The company's relevant updates have basically been prepared. The materials will be submitted and the review will be resumed as soon as possible. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission. There is uncertainty.