Tongye Technology: Intends to purchase 100% of the equity of Si Lingke using cash.

Announcement by Tongye Technology: The company intends to purchase 100% equity of Beijing Silink Semiconductor Technology Co., Ltd. in cash, with funds coming from its own resources. If this transaction is successfully completed, the company will hold 100% of Silink's equity, making it a wholly-owned subsidiary of the company. This transaction may constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies." The transaction does not involve the issuance of shares by the company, nor will it result in a change in the controlling shareholder or the ultimate controller of the company.