Shandong Meichen Technology Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Recently, the Company received a notification from its subsidiary, Hangzhou Saishi Garden Group Co., Ltd. (hereinafter referred to as "Saishi Garden"), that its properties located at Room 101, 201, 301, 401, and 501, Unit 2, Building 19, No. 1218 Wenyixi Road, Cangqian Street, Yuhang District, Hangzhou, are being auctioned by the People's Court of Yuhang District, Hangzhou. The specific circumstances are announced as follows: