Lanzhou Huanghe Enterprise Co., Ltd. Announcement on the Leasing of Assets by a Controlling Subsidiary
The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
1. Transaction Overview
(1) Basic Information
Shaanxi Huapu Xinyu Industrial Co., Ltd. (hereinafter referred to as "Huapu Xinyu") has won the bid to lease the factory, equipment, and land use rights located in the Urban-Rural Integration Demonstration Zone of Sanmenxia City, Henan Province, from Henan Jinhuitong Capital Management Co., Ltd. (hereinafter referred to as "Jinhuitong"). A lease contract (Contract No.: GZJHT-2026-012) has been signed, with a lease term of 15 years and a total rent of approximately 53.36 million yuan, including tax. To further expand Lanzhou Huanghe Enterprise Co., Ltd.'s (hereinafter referred to as "the company") juice business, increase the production scale of juice products, and ensure stable product supply, the company's controlling subsidiary, Sanmenxia Huanghe Beverage Co., Ltd. (hereinafter referred to as "Sanmenxia Huanghe"), intends to sublease the Sanmenxia factory from Huapu Xinyu for the production and operation of concentrated apple juice and fruit pomace. The lease term and rent for the sublease will be calculated from the actual rental date by Sanmenxia Huanghe, with the total rent during the sublease period not exceeding 53.08 million yuan. The rent standards and payment methods will remain consistent with the relevant agreements in the lease contract signed between Huapu Xinyu and Jinhuitong, and there are no circumstances that would harm the interests of the company and its shareholders.
(2) Review Situation
On March 30, 2026, the company held the 20th meeting of the 12th Board of Directors, which approved the proposal on the leasing of assets by the controlling subsidiary with 9 votes in favor, 0 votes against, and 0 abstentions.
According to the "Shenzhen Stock Exchange Stock Listing Rules," "Company Articles of Association," and other relevant regulations, this transaction is within the decision-making authority of the company's board of directors and does not require submission to the shareholders' meeting for review. To ensure the smooth progress of this transaction, the board has authorized the company's management to handle all specific matters related to this transaction within the board's decision-making authority, including but not limited to signing, amending, and terminating relevant agreements and documents related to this transaction. According to the "Shenzhen Stock Exchange Stock Listing Rules" and "Self-Regulatory Guidelines No. 1 for Listed Companies on the Main Board," this transaction does not constitute a related party transaction and does not constitute a major asset reorganization as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."