SANHE TONGFEI REFRIGERATION announced that, based on the inquiry subscription situation on October 9, 2025, the preliminary determined inquiry transfer price is 65.33 yuan per share. The number of institutional investors participating in this inquiry transfer bidding is 29, with a valid subscription of 5.658 million shares, corresponding to a valid subscription multiple of 1.11 times. The shares intended for transfer in this inquiry have been fully subscribed, and the preliminary determined transferees are 25 institutional investors, with a total number of shares to be transferred of 5.0924 million shares
