According to Hanlan Environmental's announcement, the company plans to issue shares and pay cash to purchase 100% of the South China Sea High Quality Development Fund and pay cash to purchase 7.22% of Yuefeng Environmental Protection's shares, ultimately achieving 100% control of Yuefeng Environmental Protection. At the same time, it plans to issue shares to no more than 35 specific investors to raise no more than 1.2 billion yuan in supporting capital. The company has responded to and publicly disclosed the transaction review inquiry letter issued by the Shanghai Stock Exchange one by one. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission before it can be implemented, and there is uncertainty.

According to Hanlan Environmental's announcement, the company plans to issue shares and pay cash to purchase 100% of the South China Sea High Quality Development Fund and pay cash to purchase 7.22% of Yuefeng Environmental Protection's shares, ultimately achieving 100% control of Yuefeng Environmental Protection. At the same time, it plans to issue shares to no more than 35 specific investors to raise no more than 1.2 billion yuan in supporting capital. The company has responded to and publicly disclosed the transaction review inquiry letter issued by the Shanghai Stock Exchange one by one. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission before it can be implemented, and there is uncertainty.