Fengqiao Technology: Plans to purchase real estate for research and development offices for 710 million yuan.

Peak Peak Technology announced that the company plans to purchase a property located in the Nanshan District of Shenzhen from Shenzhen Qidi for research and development office and business development purposes. The property has a total construction area of 25,204.97 square meters, with a total price of 709.7 million yuan, and is expected to be delivered before December 31, 2027, with funds coming from the company's own funds. This matter has been approved by the board of directors and does not constitute a related party transaction or a major asset restructuring, so there is no need for shareholder approval. However, there is uncertainty as to whether the transaction will be successful and the delivery time.