Name of the subject matter: Chongqing Textile Asset Management Co., Ltd. Wanzhou Branch holds a batch of Zero Liquor (Asset Package 8) base liquor with project number GR2024CQ1007173-4. Transfer price: RMB 0.3515 million/ton. Information disclosure start date: April 24, 2025. Information disclosure end date: April 29, 2025. Location of the subject matter: Chongqing City; City District>; Wanzhou District Asset Categories Other Transferors Commitment Subject Profile Transferor Profile Transaction Conditions and Transferee Qualification Conditions 1. Transferor Commitment This Transferor hereby applies to publicly disclose asset transfer information and organize trading activities through the Chongqing United Property Rights Exchange, and makes the following commitments in accordance with the principles of openness, fairness, impartiality, and good faith: 1. We are aware of and strictly comply with relevant laws, regulations, policies, trading rules, and supporting rules of the Chongqing United Property Rights Exchange, and fulfill our obligations in accordance with relevant requirements; 2. This asset transfer is a genuine expression of our intention, and the ownership of the transaction subject is clear. There are no laws or regulations that prohibit or restrict the transaction; The transfer of state-owned assets with established security interests shall comply with relevant laws and regulations of the Civil Code. For matters involving government social public management, they have been submitted to relevant government departments for review and approval in accordance with the law; 3. Our transfer of assets has gone through the corresponding procedures, undergone effective internal decision-making, and obtained the necessary approvals; 4. The asset transfer announcement and attachment materials submitted by us are true, complete, and accurate, without any false records, misleading statements, or significant omissions; We guarantee to abide by the above commitments. If we violate the above commitments or engage in any breach of contract that causes losses to the trading parties, we agree to bear the liability for breach of contract based on the trading margin amount set by us in the information disclosure. If the amount of trading margin is insufficient to compensate for the loss, the party whose interests have been damaged can seek compensation from us. 2、 Description of the subject matter: Chongqing Textile Asset Management Co., Ltd. Wanzhou Branch holds a batch of base liquor called Zero Liquor (Asset Package 8). The subject matter is approximately 120.93 tons of base liquor, as detailed in the attached "List of Base Liquor - Zero Liquor (Asset Package 8)". The location of the subject matter is 466 Tangfang Avenue, Tiancheng Town, Wanzhou District, Chongqing. The transfer base price in the reservoir area of Chongqing Shixian Taibai Liquor Co., Ltd. is 351500 yuan/ton. The evaluation report No. is Chongkang Pingbao Zi (2024) No. 100. The evaluation base date is 2024-02-23. The survey contact of the subject matter of important information disclosure is Xiong Ping/Fu Zhengang. The contact number is 15826451510/15870586667. III. The name of the transferor is Chongqing Light Textile Asset Management Co., Ltd. Wanzhou Branch. The behavior approval agency is Chongqing Light Textile Holding (Group) Co., Ltd. The evaluation filing agency is Chongqing Light Textile Holding (Group) Co., Ltd. IV. The following transaction conditions and the transferee's qualification conditions are the basic conditions for the transfer Conditions are the necessary terms of the property rights transaction contract. The intended transferee shall not lower the conditions when proposing the transfer intention, but may refine and supplement the conditions, and the content that is superior to the basic conditions shall be included as an integral part of the transfer document and property transaction contract. Other conditions related to transfer: 1. Subject matter