China Electric Motor: If the future highland resource funds cannot be obtained in a timely manner, there is a risk of failure in this transaction.

Jinshi Data News on December 2nd. CEDM issued an announcement on the abnormality. According to the protocol for equity transfer, after obtaining a written confirmation document for the transfer from the Shanghai Stock Exchange, Gao Di Resources should pay 90% (including the deposit) of the equity transfer payment before the application for transfer registration at the latest by December 31, 2024. As of December 2, 2024, Gao Di Resources has not paid the above progress payment. If Gao Di Resources funds cannot be in place in the future, there is a risk of failure in this transaction; after self-inspection, the company's production and operation activities are currently being carried out normally and orderly, and there have been no major changes in the internal and external operating environment, and there are no significant matters that affect the abnormal Fluctuation of the company's stock trading price.