Announcement Content: Project Name: One Fully Sealed Rectification Transformer Transfer Subject Number: N0122ESSB250039 Listing Start Date: April 2, 2025 Listing End Date: April 16, 2025 Listing Period: If no interested transferee is solicited, the period will be extended by (5) working days, with a maximum extension of (4) periods. The subject matter is stored in the factory area of Shuangfeng Conch Cement Co., Ltd. The specific asset transferred this time is a fully sealed rectifier transformer with specifications and model ZBS9-M-1000/6 (1000KVA, 50HZ, 3 phases), manufactured by Changzhou Transformer Factory and purchased in September 2004. Assessment Price (RMB) 14100.00 Assessment Benchmark Date: July 31, 2024 Assessment Institution: Beijing Zhongtianhe Asset Appraisal Co., Ltd. Transfer Base Price (RMB) 14100.00 (excluding tax) Basic Information of Transferor: Name of Transferor: Shuangfeng Conch Cement Co., Ltd. Unified Social Credit Code: 91431321745915985Q Address: No. 028-032 Equipment Manufacturing Industrial Park, Shuangfeng High tech Zone, Santangpu Town, Shuangfeng County, Loudi City, Hunan Province Legal Representative: Li Guoyou Economic Type: Limited Liability Company (sole proprietorship of legal person invested or controlled by natural persons) Transferor: The Transferor promises to make the following commitments in accordance with the principles of openness, fairness, impartiality, and integrity: 1. The ownership of the subject matter of this transfer is clear. We have full disposal rights over the asset and there are no laws or regulations prohibiting or restricting the transfer of the asset; The transfer of assets with security interests shall comply with relevant laws and regulations such as the Civil Code of the People's Republic of China; For matters involving government social public management, they have been submitted to relevant government departments for review in accordance with the law; 2. This asset transfer is a genuine expression of our intention, and the relevant actions have been carried out in accordance with the corresponding procedures, after effective internal decision-making, and obtained corresponding approvals; 3. We have carefully considered the operational, industry, market, policy, and other unforeseeable risks that may arise from the transfer, and are willing to bear all possible transaction risks; 4. The content of this announcement and its attachments submitted by us is true, complete, accurate, legal, and valid, and there are no false records, misleading statements, or significant omissions; 5. We have fully understood and committed to complying with relevant laws and regulations, as well as the trading rules and regulations of Anhui Changjiang Property Rights Exchange, during the transfer process, and fulfilling our obligations in accordance with relevant requirements; 6. We choose to implement asset transfer through dynamic online quotation. We have understood and recognized the contents and regulations of the "Implementation Measures for Dynamic Online Quotation of Enterprise State owned Assets Trading on Anhui Yangtze River Property Rights Exchange (Trial)" and the "Bidding Trading Rules of E-Trading Platform". If the network dynamic quotation system is abnormal or the bidding activity is interrupted due to force majeure, software and hardware failures, illegal intrusion, malicious attacks, etc., we authorize Anhui Yangtze River Property Rights Exchange to organize further quotation or re quotation according to the situation; 7. We promise that we have fulfilled the obligation of notification and consultation for the right holders (if any) who have the right of first refusal to bid for the subject matter of this transfer, and will respond within 3 days from the date of announcement