Changjiu Logistics announced that in order to optimize resource allocation and reduce management costs, the company decided to cancel its wholly-owned subsidiary Guangdong Changjiu New Energy Technology Co., Ltd. The cancellation matter did not need to be submitted to the board of directors or shareholders' meeting for approval, did not involve related transactions, and did not constitute a major asset restructuring. Recently, Changjiu Xinke completed the deregistration procedure and will no longer be included in the scope of the company's consolidated financial statements. This cancellation will not have a significant impact on the company's overall business development and profit, and there are no circumstances that harm the interests of the company or shareholders.

Changjiu Logistics announced that in order to optimize resource allocation and reduce management costs, the company decided to cancel its wholly-owned subsidiary Guangdong Changjiu New Energy Technology Co., Ltd. The cancellation matter did not need to be submitted to the board of directors or shareholders' meeting for approval, did not involve related transactions, and did not constitute a major asset restructuring. Recently, Changjiu Xinke completed the deregistration procedure and will no longer be included in the scope of the company's consolidated financial statements. This cancellation will not have a significant impact on the company's overall business development and profit, and there are no circumstances that harm the interests of the company or shareholders.