Hailanxin: The audit and evaluation work related to trading has not been completed yet

Jinshi Data News on February 19th, Hailanxin Company issued an announcement on the abnormal Fluctuation of stock trading, stating that the company is planning a major asset restructuring, which intends to purchase 100% equity of Hailan Huanyu through the issuance of shares and payment of cash, and intends to issue shares to raise matching funds from up to 35 specific investors. This transaction is expected to constitute a major asset restructuring, constitute a related party transaction, and not constitute a restructuring for listing. Based on the above-mentioned major asset restructuring being planned, the company has noticed recent public media reports such as 'Hailanxin: Plans to purchase 100% equity of Hailan Huanyu, stock resumes trading on the 17th', 'Disclosure of restructuring plan, Hailanxin resumes trading from February 17th', 'Hailanxin: Company's stock resumes trading from February 17th', etc. The audit and evaluation work related to this transaction has not been completed, and many approval procedures need to be completed before this transaction can be implemented. The uncertainty of whether this transaction can pass the above-mentioned approvals and the time to obtain approvals are both uncertain.