Hengli Industrial Development Group announced that on June 21, 2024, the board of directors received a notice from its largest shareholder, Xiamen Rural Commercial Bank, regarding the recruitment and selection of investors. As of the notification date, the selected investor has paid the full transaction price. Xiamen Rural Commercial Bank will continue to properly advance the subsequent related work of equity transfer. There is still uncertainty about whether the equity transfer will eventually be completed. Xiamen Rural Commercial Bank will provide timely notification of the follow-up progress of this public recruitment. In addition to the above-mentioned public recruitment matters, Xiamen Rural Commercial Bank has not been involved in any significant matters related to Hengli Industrial Development Group that should be disclosed but have not been disclosed, or significant matters in the planning stage, and has not bought or sold Hengli Industrial Development Group's stocks.