Announcement on the Proposed Sale of Assets by a Wholly-Owned Subsidiary

Guolian Aquatic

GUO LIAN GUOLIAN AQUATIC

Announcement on the Proposed Sale of Assets by a Wholly-Owned Subsidiary

Securities Code: 300094

Securities Abbreviation: Guolian Aquatic

Announcement No.: 2026-045

Zhanjiang Guolian Aquatic Development Co., Ltd.

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Instructions:

1. This transaction does not constitute a related-party transaction or a major asset restructuring, and is subject to shareholder approval.

2. The Company and the counterparty have signed a letter of intent, but have not yet formally signed the asset transfer agreement. The parties are still negotiating the specific terms of the agreement. There is uncertainty as to whether the transaction can be successfully implemented and whether the counterparty can pay on time. Investors are advised to make decisions cautiously and be aware of the risks.

I. Overview of the Transaction

To further optimize the Company's asset allocation, revitalize assets, and improve operational efficiency, Zhanjiang Guolian Aquatic Development Co., Ltd. (hereinafter referred to as the "Company") held the 24th meeting of the 6th Board of Directors on July 15, 2026, which reviewed and approved the "Proposal on the Proposed Sale of Assets by a Wholly-Owned Subsidiary." The proposal agreed that the Company's wholly-owned subsidiary, Liancheng Investments, LLC, would sell its real estate located at 2910 Faber Street, Union City, California, USA, to LBA-Logistics. for US$17 million (RMB 115.447 million). The Company also agreed to sign the relevant asset transfer agreement. The proceeds from this transaction will be used for the Company's business development.

According to the "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Standardized Operation of GEM Listed Companies," and the "Articles of Association" of the Company, this transaction does not constitute a related-party transaction or a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies." After being reviewed and approved by the Board of Directors, it is subject to shareholder approval and does not require approval from other relevant departments.

II. Basic Information of the Counterparty

(I) Basic Information

1. Enterprise Name: LBA-Logistics.

2. Registered Capital: US$600 million

3. Date of Establishment: 1993

4. Registered Address: 3347 Michelson Drive, Suite 200, Irvine, California, USA

5. Principal Business: Investment in office and industrial real estate.

The counterparty has no relationship with the Company or its top ten shareholders, directors, or senior management in terms of equity, business, assets, creditor's rights and debts, or personnel, nor does it have any other relationship that may or has already caused the Company to favor its interests.

Credit Status: The credit status is good, with the ability to perform, and it has not been listed as a dishonest judgment debtor or any other dishonest situation.

III. Basic Information of the Transaction Asset

The asset to be transacted is the real estate located at 2910 Faber Street, Union City, California, USA, owned by the wholly-owned subsidiary Liancheng Investments, LLC. The property was acquired in 2012. The building area is 5,006.57 square meters (53,892.00 square feet), and the land area is 10,386.31 square meters (111,801.00 square feet). The property is used for industrial purposes, and the land is used for industrial land. The land ownership type is fee simple.

Ownership Status: As of now, the ownership of the asset is clear, with no mortgages, pledges, or other third-party rights. There are no major disputes, lawsuits, or arbitration matters involving the relevant assets, nor are there any judicial measures such as seizure or freezing.

This transaction does not involve the transfer of creditor's rights and debts.