TKGF: Plans to acquire 100% equity of Zhongcan Energy for 1.5427 million yuan

TKGF announced that due to the future business development needs of the company, it intends to acquire 100% equity of Xinjiang Zhongcan Comprehensive Energy Co., Ltd., a wholly-owned subsidiary of Zhejiang Leixin Industrial Co., Ltd., by paying cash of RMB 1.5427 million. The counterparty of this transaction is Leixin Industrial, a shareholder holding more than 5% of the company, which constitutes a related party transaction. The company will hold a board meeting on June 20, 2025, to review and approve the relevant proposals and authorize the management to handle matters related to this transaction. This transaction will be fully paid in cash and does not constitute a major asset reorganization