Kaizhong Co., Ltd. announced that the company plans to issue shares and pay cash to purchase 45% of Anhui Tuosheng's shares, subscribe for 3.2 million shares in cash, and raise supporting capital. On July 8, the company received an audit inquiry letter from the Shanghai Stock Exchange, requesting a response within 1 month, and can apply for an extension of 1 time for no more than 1 month. Since some matters need to be further implemented and it is not expected that a timely response will be possible, the company has applied for an extension of no more than 1 month and disclosed the response documents before the deadline expires. The transaction requires approval by the Shanghai Stock Exchange and the approval of the Securities Regulatory Commission before registration can be carried out.

Kaizhong Co., Ltd. announced that the company plans to issue shares and pay cash to purchase 45% of Anhui Tuosheng's shares, subscribe for 3.2 million shares in cash, and raise supporting capital. On July 8, the company received an audit inquiry letter from the Shanghai Stock Exchange, requesting a response within 1 month, and can apply for an extension of 1 time for no more than 1 month. Since some matters need to be further implemented and it is not expected that a timely response will be possible, the company has applied for an extension of no more than 1 month and disclosed the response documents before the deadline expires. The transaction requires approval by the Shanghai Stock Exchange and the approval of the Securities Regulatory Commission before registration can be carried out.