ST Yushun: Acquires 100% equity of three companies for 3.35 billion yuan, asset delivery completed.

Yushun Electronics announced that the company has paid 3.35 billion RMB in cash to Kaisi Company, Zhengjia Company, and Huizhiding Company, to purchase their holdings of 100% equity in Zhongen Cloud Technology, Shenhui Biyuan, and Zhongen Cloud Information. As of April 2nd, the equity of the target companies has been transferred to the name of the listed company, and the target shares have been delivered. The company has already paid 60% of the transaction price after deducting some income taxes to the designated account of the counterparty. Before June 30th, the company is required to pay 95% of the total transaction price to the regulatory account, and the remaining transaction price balance must be paid within 3 months from the completion of the equity transfer business registration.