Haili Corporation responds to rumors of shell listing: the major shareholder clearly stated that no relevant planning has been conducted.

Jinshi data, November 7th, Haili shares opened low in the morning, fell more than 7% at one point, but the stock touched the daily limit in the afternoon. As of the close, Haili shares hit the daily limit, advancing for the fourth consecutive trading day. It is worth noting that recently, there have been rumors in the market that Shanghai Micro Electronics Equipment Co., Ltd. is planning a ‘backdoor listing’, and potential targets may include Haili shares, Shanghai Electric and other listed companies. The reporter, in the capacity of a personal investor, called Haili shares to inquire about the reasons for Gree’s reduction and the authenticity of market rumors. The relevant person responded that in response to the aforementioned market rumors, the company has issued a notice of abnormal stock movement, in which the major shareholder explicitly stated that there is no undisclosed information that should be disclosed, and no relevant planning has been conducted. In addition, the company is not aware of the specific reasons for Gree’s reduction.