LJRB: Plans to acquire 100% equity of Guangdong Zhimao Construction Engineering Co., Ltd. for 40,000 yuan

LJRB announced that the company intends to acquire 100% of the equity of Guangdong ZhiMao Construction Engineering Co., Ltd. held by Maoming Gangsheng Engineering Consulting Co., Ltd. for cash of 40,000 yuan. Upon completion of this transaction, Guangdong ZhiMao will become a wholly-owned subsidiary of LJRB, which is beneficial for the company's market development efforts in the region. This transaction does not constitute a related party transaction, nor does it constitute a major asset reorganization, and it does not meet the standards for review by the shareholders' meeting. The company's cumulative external investment amount within twelve consecutive months has exceeded 10% of the audited net asset amount for 2024