TECON announced that the company has signed a "Share Acquisition Framework Agreement" with Xinjiang Qixing Qiangdu Group Agricultural and Animal Husbandry Co., Ltd. and Xinjiang Qiangdu Animal Husbandry Technology Co., Ltd. to acquire 51% of the shares of Qiangdu Animal Husbandry through cash payment. Upon completion of this transaction, the company expects to achieve control over Qiangdu Animal Husbandry. This transaction is still in the planning stage, and the specific transaction targets, acquisition ratio, price, and other arrangements will be negotiated by the parties based on the results of due diligence, auditing, and evaluation, and a formal acquisition agreement will be signed separately. This transaction is expected not to constitute a major asset restructuring, will not involve the issuance of shares by the listed company, will not lead to a change in the company's control, and will not constitute a related party transaction. This transaction still needs to be submitted to the company's board of directors and shareholders' meeting for review and obtain approval from the higher regulatory authority
