According to the Zhengtong Finance APP, Xingyuan Environment Technology (300266.SZ) announced that to improve asset running efficiency and activate existing assets, the company signed a "Land (Factory) Purchase Agreement" with Zhejiang Forest Light Technology Co., Ltd. (referred to as "Forest Light"). This agreement involves the transfer of industrial land and buildings located at No. 2062, Mogan Mountain Road, Building 11, Lianghua Street, Yuhang District, Hangzhou. According to the asset appraisal report issued by Zhejiang Zhongheng Real Estate Land Asset Appraisal Consulting Co., Ltd. (Zhongheng [2024] Asset No. HZ1301) regarding the assets to be disposed of by Xingyuan Environment Technology Co., Ltd., the assessed value of the aforementioned assets on the assessment benchmark date of November 15, 2024, is 85.317 million yuan. After negotiation between both parties, the final transaction price was determined to be 86 million yuan.

The company's sale of assets is beneficial for further optimizing the asset structure, improving asset utilization efficiency, and increasing working capital. This asset sale is compliant, and the price is fair, without harming the interests of the company and shareholders, especially the interests of minority shareholders. The proceeds from the sale will be used to replenish working capital, and there will be no significant impact on the company's normal production and operation, nor on the current and future financial status and operating results.