Siling shares: purchased 24.3427% equity of Ningbo Yinqiu Technology Co., Ltd., the transaction price is 392 million yuan.

On November 18, 2025, Siling Co., Ltd. announced that it had signed a stock transfer agreement with shareholders Hu Yongpeng and Li Dinghua of Ningbo Silverball Technology Co., Ltd., to purchase a 24.3427% equity stake in the target company with its own funds or self-raised funds totaling 3.92 billion RMB. This includes acquiring Hu Yongpeng's and Li Dinghua's respective holdings of 22.3427% and 2.0000% of the target company's equity.