Shanghai Electric Power Co., Ltd.: Intends to purchase a 15% stake in Shengwei Strategy for 19.009 million euros.

Hudian Corporation announced that, in order to further enhance its control over Shengwei Ce and improve its operational decision-making efficiency, the company has agreed to purchase 15% of Shengwei Ce's shares held by its affiliated party Schweizer for a price of 19.09 million euros. After the completion of this transaction, the company's ownership of Shengwei Ce will increase from 84% to 99%. Additionally, in order to further enhance Shengwei Ce's technical layout in areas such as embedded packaging technology, strengthen core technical capabilities, and improve product competitiveness and market barriers, the company has agreed to purchase a group of patents and technological assets from Schweizer for a price of 1.99 million euros.