Tianli Lithium Energy: Termination of the acquisition of control over Jiangsu Morgan Stanley Semiconductor Technology Co., Ltd

Tianli Lithium Energy announced the termination of its acquisition of control over Jiangsu Morgan Stanley Semiconductor Technology Co., Ltd. The company signed a "Letter of Intent for Acquisition" with the counterparty on January 16, 2024, and multiple supplementary agreements were signed to determine the transaction plan. However, due to changes in objective circumstances, all parties agreed to terminate the transaction after negotiation and plan to sign a supplementary agreement to handle the residual matters after the termination of the transaction, including the return of the acquisition deposit. The signing of this agreement is the result of careful research by the company and the counterparty, and no party will bear compensation or legal liability as a result. The target company will return the acquisition deposit as agreed after the agreement is terminated, and there will be no significant adverse impact on the company's operating performance and financial condition