20CM4 connected boards civilian explosives optoelectronics: Xiamen Zhijin Precision Audit, evaluation work is still in progress, the company still needs to convene the board of directors to review the relevant proposals for cash acquisitions and issuing shares to purchase assets.

Minbaolight announcement: The closing price of the company's stock has deviated by a cumulative increase of 45.76% for two consecutive trading days, and by a cumulative increase of 109.05% for four consecutive trading days, indicating abnormal and severe abnormal fluctuations in the stock trading. The company plans to purchase 51% equity of Xiamen Xadrik Precision Technology Co., Ltd. from the trading party Xiamen Maida Intelligent Technology Co., Ltd. in cash, and also plans to purchase 49% equity of Xadrik Precision from Xiamen Maida in the form of share issuance, ultimately acquiring 100% equity of Xadrik Precision through a combination of cash and share issuance. The audit and evaluation work of Xadrik Precision is still ongoing, and the company needs to convene another board meeting to review the cash acquisition and share issuance related proposals. In addition, the share issuance for the purchase of assets also needs to be approved by the company's shareholders' meeting, reviewed and approved by the Shenzhen Stock Exchange, and approved by the China Securities Regulatory Commission for registration before implementation, with uncertainties regarding approval and registration still existing. Investors are advised to pay attention to investment risks.