Rising Dragon Acquisition Corp. Mutually Terminates Merger Agreement with HZJL Cayman Limited

Rising Dragon Acquisition Corp. and HZJL Cayman Limited mutually terminated their merger agreement, originally dated January 27, 2025, effective October 30, 2026, with approval from both boards. Neither party will pay a termination fee. Rising Dragon said it will continue seeking an initial business combination with another target within the timeframe allowed by its governing documents, and expects to provide further details in an SEC Form 8-K.