1. Yaguang Technology Group: In order to further revitalize ship assets and optimize the company's industrial structure and business layout, the company has decided to transfer 100% of the equity of third-level wholly-owned subsidiary Zhuhai Fengchao at a transfer price of 28.7233 million yuan. If the transaction is successfully completed, it will have a positive impact on the company's consolidated profit, and the audit results shall prevail. 2. Junxin Stock: On July 24th, the subsidiary Junxin Environmental Protection (Kyrgyzstan) Investment Co., Ltd. wholly owned by the Company signed the franchising agreement on the waste technology disposal and power generation project in Bishkek with the municipal government of Bishkek, Kyrgyzstan. Junxin Environmental Protection (Kyrgyzstan) Investment Co., Ltd. has been granted the exclusive right to invest, finance, construct and operate the waste technology disposal and power generation project in Bishkek, and has the right to receive income from waste treatment service fees, electricity fees, and related income. According to the requirements of the Kyrgyz Republic cabinet, the waste treatment project is planned to have a capacity of 3,000 tons/day, and will be built in stages. The initial construction scale is 1,000 tons/day, with an annual processing capacity of 0.365 million tons and an investment of about $95 million.