Group 1 - The company has approved participation in the auction for an 81.96% stake in Kasma Holdings, owned by the Chinese Academy of Sciences, through a board resolution [1] - The auction does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations [1] - The company will sign a property transaction contract within five working days and pay the transaction price and service fees to the designated account [1] Group 2 - The transaction aims to broaden the company's product sales channels, enhance product development capabilities, integrate upstream and downstream resources, and improve market competitiveness and profitability [2]

Financial Assistance Overview - The company plans to provide financial assistance of up to 31 million RMB for a period of 3 years, with an interest rate of no less than 3% [1][2] - The funds will be used to support the operational needs of Shanghai Helidi Real Estate Co., Ltd. (Helidi) after the company successfully bids for a 45% stake in Helidi and its associated debt [1][2] Company and Stakeholder Information - Helidi is a limited liability company with a registered capital of 20 million RMB, located in Shanghai [3] - The company’s main asset is a property in Huangpu District, Shanghai, which is set to be converted into an office building with a total area of approximately 7,704.60 square meters [4] Financial Data of Helidi - As of May 31, 2025, Helidi's total assets were approximately 230.68 million RMB, with total liabilities of about 198.70 million RMB, resulting in equity of approximately 31.98 million RMB [4] - Helidi reported a net loss of approximately 271,462.27 RMB for the first five months of 2025 [4] Risk Assessment and Management - The company assesses that Helidi has a good credit status and low default risk, and the financial assistance will not affect the company's main business operations [6][7] - The board and supervisory committee have approved the financial assistance, indicating that it aligns with legal regulations and does not harm the interests of shareholders [7][8] Shareholding Structure - If the company successfully bids for Helidi, it will hold 45% of the shares, while the remaining 55% will be held by the current owner, Shanghai Bund Investment Development (Group) Co., Ltd. [4][5] - The controlling shareholder of Helidi is a state-owned enterprise, which adds a layer of stability to the investment [5][6]

Group 1 - The company, Dayu Water-saving, announced that it will participate in the auction for a 70% stake in Huai'an Design Institute, which is currently held by Beikong Water Development Co., Ltd. [1] - The auction is set to take place on June 5, 2025, and the final bidding price will be determined at that time [1] - Huai'an Design Institute reported a revenue of 992 million yuan and a net profit of 65.0456 million yuan for the year 2024 [1] Group 2 - If successful in the auction, Dayu Water-saving will become the controlling shareholder of Huai'an Design Institute [1] - This acquisition aims to enhance the company's core capabilities in water conservancy design, improve profit quality, and optimize revenue structure [1]