Huayuan Holdings intends to acquire 51% of Warm Core Technology's equity for 51 million yuan.

Hua Yuan Holdings announced that its wholly-owned subsidiary Hua Yuan Semiconductor plans to acquire a 51% stake in Wuxi Nuoxin Semiconductor Technology Co., Ltd for 51 million RMB, of which 46 million RMB will be used to acquire 46% of Nuoxin Technology held by Hua Yuan Venture Capital, and 5 million RMB will be used to acquire 5% of Nuoxin Technology held by Wang Guangguang. After the transaction is completed, Hua Yuan Semiconductor will hold a 51% stake in Nuoxin Technology, making Nuoxin Technology a subsidiary of the company. This transaction is not considered a related party transaction, nor a major asset reorganization, and does not require approval by the shareholders' meeting.