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Introduction of Lianhong Group Co., Ltd.

Lianhong Group Co., Ltd. (hereinafter referred to as "Lianhong Group") is a member enterprise of Legend Holdings and one of the five core operating assets. 1. At present, it has five subsidiaries including Shandong Shen Da Chemical Co., Ltd., Shandong Haoda Chemical Co., Ltd., Jining Yinzhong Electrochemical Co., Ltd., Tengzhou Guo Zhuang Mining Co., Ltd. and Lianhong Chemical Sales Co., Ltd. and Changzhou R&D Center, with nearly 5,000 employees. Lianhong Group is building a high-end olefin deep processing industrial chain and a new salt chemical industrial chain in Tengzhou and Jining, Shandong, respectively, with a total investment of about 9 1 billion yuan. After completion and commissioning, the sales revenue will exceed 654,380+billion yuan.