Cooltech Intelligence: intends to sign a memorandum of understanding to acquire a controlling stake in South Korea's apM Group for approximately 500 million yuan.

Cooltech Intelligent Announcement: Subsidiary Aijia International Development Co., Ltd. has signed a memorandum of understanding with SEOK JOO HYUNG and SONG SEE YONG, intending to acquire the controlling rights of the main operating companies within the Korean apM group held by them in cash. The total transaction amount is estimated to be around 500 million RMB, with specific payment arrangements and prices to be determined through negotiation. This transaction is still in the planning stage, and the specific transaction plan will need to be further negotiated and verified after due diligence is completed, and necessary internal decision-making and approvals from relevant authorities are obtained.