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.
Overview of Related Transactions
Hebei Xianhe Environmental Technology Co., Ltd. (hereinafter referred to as "the Company") has completed the acquisition of 100% equity in Xingtai Shunke Smart City Construction Co., Ltd. (hereinafter referred to as "Xingtai Shunke") and 100% equity in Xingtai Zhican Technology Co., Ltd. (hereinafter referred to as "Xingtai Zhican") through a delisting process. The industrial and commercial change registration procedures have been completed, and both Xingtai Shunke and Xingtai Zhican have become wholly-owned subsidiaries of the Company. After the acquisition, the Company also acquired relevant assets related to Huawei (Xingtai) Big Data Industrial Park. Before the completion of this acquisition, Hebei Bianji Maoli Technology Co., Ltd. (hereinafter referred to as "Hebei Bianji"), controlled by the Company's actual controller and chairman Mr. Yao Guorui, had leased part of the office space in Building 4 of Huawei (Xingtai) Big Data Industrial Park and received data center services from Xingtai Zhican. After the acquisition, Xingtai Shunke and Xingtai Zhican became wholly-owned subsidiaries of the Company, and the existing related business between them and Hebei Bianji passively formed related transactions. On June 1, 2026, the Company held the 15th meeting of the 5th Board of Directors, which reviewed and approved the proposal on the passive formation of related transactions after completing the equity acquisition, with related director Mr. Yao Guorui abstaining from voting. This proposal had already been reviewed and approved by the second special meeting of independent directors of the 5th Board of Directors, and all independent directors expressed their agreement. This related transaction matter is within the board's review authority and does not require submission to the shareholders' meeting for review. This transaction does not constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies" and does not constitute a restructuring listing.