Lanjiang Electronics: The company is planning to acquire no less than 51% of the equity of Chengdu Xinyi Technology Co., Ltd. through cash payment and achieve controlling stake. This matter is still in progress, and an intention agreement for equity acquisition has been signed.

Lan Jian Electronics announced that the company is planning to acquire at least 51% equity of Chengdu Xinyi Technology Co., Ltd. in cash and achieve controlling stake. This matter is still in progress, and a letter of intent for equity acquisition has been signed. The signed letter of intent for acquisition is only a framework agreement, representing the preliminary intention reached by the company and the counterparty regarding the acquisition. Whether the final transaction can be completed is still uncertain.