BRETON (01333) intends to acquire equity in Shanghai Xingmiao Optoelectronic Technology Co., Ltd.

Breton (01333) announced that on May 11, 2026, the company, Mr. Chen Fangming, Mr. Liu Yan, and the transferors Mr. Chen Jie, Mr. Zhang Shuai, Cloud Tribe Easy Jin, and the target company jointly signed the "Equity Transfer Agreement of Shanghai Xingmiao Optoelectronics Technology Co., Ltd." The company agreed to acquire 6.8281% equity of the target company held by Cloud Tribe Easy Jin with its own funds of RMB 13.997632 million. At the same time, Mr. Chen Fangming agreed to acquire a total of RMB 8.2 million in equity held by Mr. Chen Jie and Mr. Zhang Shuai in the target company, accounting for 4.0% of the shares (of which: acquiring 2.8% of the shares held by Mr. Chen Jie in the target company for RMB 5.74 million, and acquiring 1.2% of the shares held by Mr. Zhang Shuai in the target company for RMB 2.46 million); Runyard Zhisheng agreed to acquire a total of RMB 4.2 million in equity held by Mr. Zhang Shuai and Cloud Tribe Easy Jin in the target company, accounting for 2.0488% of the shares (of which: acquiring 1% of the shares held by Mr. Zhang Shuai in the target company for RMB 2.05 million, and acquiring 1.0488% of the shares held by Cloud Tribe Easy Jin in the target company for RMB 2.15 million); Mr. Liu Yan agreed to acquire 3.5% equity of the target company held by Cloud Tribe Easy Jin for RMB 7.175 million. After the completion of this acquisition, the company will hold 6.8281% equity of the target company, and the target company will become a joint-stock company of the company, and its financial performance will not be included in the consolidated financial statements of the group. The target company has self-developed picosecond-level time measurement chips, single photon detection, laser radar and other core technologies, which can directly empower the company's unmanned electric mining trucks with high-precision ranging, environmental perception, autonomous obstacle avoidance, and positioning navigation, significantly improving intelligence and safety. This investment will strengthen the company's layout in core technologies such as intelligentization of new energy equipment, optoelectronic perception, quantum precision measurement, laser radar, etc., improve the company's solution for unmanned electric mining trucks, and enhance the company's technological barriers and product competitiveness in the intelligent mining scene.