GuangDong HongTeo Technology (300176.SZ) subsidiary plans to participate in the qualification auction for investors in the restructuring of Nantong HongTai.

GuangDong HongTeo Technology (300176.SZ) announced that on October 28, 2025, the reorganization administrator of Guangdong Hongtai Nantong Jingshu Technology Co., Ltd.(referred to as "Nantong Hongtai") issued a "Bidding Announcement" on the JD Asset Trading Platform. The subject of this auction is the qualification of the reorganization investor of Nantong Hongtai, that is, the assets of Nantong Hongtai included in the liquidation-based reorganization scope will be used as the basis, with an evaluation price of 206 million yuan as the starting price, to determine the reorganization investor of Nantong Hongtai through open bidding. On November 4, 2025, the Board of Directors of the Company agreed that its wholly-owned subsidiary, Guangdong Hongtai Precision Technology Zhaoqing Co., Ltd. (referred to as "Zhaoqing Hongtai"), would participate in the bidding for the qualification of the reorganization investor of Nantong Hongtai. The Board of Directors authorized the company's management to bid at a price not exceeding 210 million yuan.