Sichuan Jiuzhou: plans to acquire RF business assets group for 757 million yuan.

Sichuan Jiuzhou announced that it plans to purchase the RF business assets under Jiuzhou Electric through a newly established wholly-owned subsidiary in cash, with an assessed value of 757 million yuan. This transaction constitutes a related-party transaction, which requires approval by the shareholders' meeting, but does not constitute a major asset restructuring as defined in the "Measures for the Administration of Major Asset Restructuring of Listed Companies". The transaction is still pending approval from the State Administration of Science, Technology and Industry for National Defense and there is uncertainty. The RF business assets are mainly engaged in the research, development, production, and sales of microwave RF, power, and related system products, with 66 patents.