According to Oriental Ecology's announcement, Xinneng Enterprise Management Center, which is owned by the company and its wholly-owned subsidiary, acquired 100% of Haicheng Ruihai's shares and 80% of the shares of Power Investment Ruihai in cash. This transaction constituted a major asset restructuring and did not constitute a restructuring, listing or related transaction. As of the date of this announcement, the company has obtained control of the two target companies and is included in the scope of the consolidated statement. The business status of the target is normal; the registration of the changes in the Power Investment Mövenpick Industry and Commerce has not yet been completed, which does not affect the control rights and the effectiveness of the transaction, and there is no dispute between the parties. The remaining 40% of the transaction consideration for Mövenpick by Power Investment will be paid within 10 working days after the commercial and commercial changes are completed, and there is uncertainty about the subsequent transfer time.

According to Oriental Ecology's announcement, Xinneng Enterprise Management Center, which is owned by the company and its wholly-owned subsidiary, acquired 100% of Haicheng Ruihai's shares and 80% of the shares of Power Investment Ruihai in cash. This transaction constituted a major asset restructuring and did not constitute a restructuring, listing or related transaction. As of the date of this announcement, the company has obtained control of the two target companies and is included in the scope of the consolidated statement. The business status of the target is normal; the registration of the changes in the Power Investment Mövenpick Industry and Commerce has not yet been completed, which does not affect the control rights and the effectiveness of the transaction, and there is no dispute between the parties. The remaining 40% of the transaction consideration for Mövenpick by Power Investment will be paid within 10 working days after the commercial and commercial changes are completed, and there is uncertainty about the subsequent transfer time.