ON NOVEMBER 28, 2024, GUOQUAN FOOD COMPLETED THE CONVERSION OF 11,353,576 SHARES OF ITS UNLISTED SHARES INTO SHARES, A CHANGE THAT HAS BEEN MENTIONED IN THE COMPANY'S ANNOUNCEMENTS ON SEVERAL OCCASIONS. At this time, the total number of shares issued by the transferee company decreased from 949,301,924 shares to 937,948,348 shares, representing 0.4133 percent of the outstanding shares.AT THE SAME TIME, THE NUMBER OF ISSUED SHARES OF H SHARES INCREASED TO 1,776,433,652 SHARES, AND THE RESERVE SHARES REMAINED UNCHANGED. This conversion has been duly licensed by the Board of Directors of the Company and is subject to all applicable listing rules and regulations. The Company confirms that all claims have been received and all necessary legal documents are filed.This share conversion will increase the company's mobility in the Hong Kong market and will not continue to monitor market dynamics and seek further growth opportunities.

ON NOVEMBER 28, 2024, GUOQUAN FOOD COMPLETED THE CONVERSION OF 11,353,576 SHARES OF ITS UNLISTED SHARES INTO SHARES, A CHANGE THAT HAS BEEN MENTIONED IN THE COMPANY'S ANNOUNCEMENTS ON SEVERAL OCCASIONS. At this time, the total number of shares issued by the transferee company decreased from 949,301,924 shares to 937,948,348 shares, representing 0.4133 percent of the outstanding shares.AT THE SAME TIME, THE NUMBER OF ISSUED SHARES OF H SHARES INCREASED TO 1,776,433,652 SHARES, AND THE RESERVE SHARES REMAINED UNCHANGED. This conversion has been duly licensed by the Board of Directors of the Company and is subject to all applicable listing rules and regulations. The Company confirms that all claims have been received and all necessary legal documents are filed.This share conversion will increase the company's mobility in the Hong Kong market and will not continue to monitor market dynamics and seek further growth opportunities.