Qingdao DORIGHT's acquisition of Haowhale Cloud's equity transaction is still subject to uncertainties

Qingdao DORIGHT Energy-Saving Equipment Co., Ltd. announced the progress of the issuance of shares and cash payment for asset acquisition and the raising of supporting funds. The company intends to acquire 100% equity of Haowhale Cloud Computing Technology Co., Ltd., which is expected to constitute a major asset restructuring and related party transactions, but does not constitute a restructuring listing. The company's stock was suspended from trading on June 30 and resumed trading on July 14. As of the announcement date, the transaction-related work is still in progress, with audits and evaluations not yet completed. This transaction still requires approval from the board of directors, the shareholders' meeting, review by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission, which carries uncertainties. The company will issue progress announcements every thirty days in accordance with regulations to remind investors to pay attention to risks