Silk Road Vision: Wholly-owned subsidiary Shengqi Yun Network intends to transfer 8.5% of the shares of Ruiyun Technology for a price of 52.7 million yuan.

Silk Road Vision announced that its wholly-owned subsidiary, Shengqi Cloud Network, intends to transfer its 8.5% stake in Ruiyun Technology held by Jinxiang Yuandoulu for 52.7 million yuan. After the transfer, Shengqi Cloud Network's shareholding will decrease to 5.06408%. This transaction does not constitute a related party transaction or a major asset restructuring and relevant agreements have been signed. After the completion of the transaction, Shengqi Cloud Network will no longer have a seat on the board of directors of Ruiyun Technology. It is expected that the company will recognize approximately 115 million yuan in investment income after the completion of the transaction, accounting for 31.73% of the absolute value of the company's audited net profit for 2024.