Bojun Technology: Plans to increase investment by 512 million yuan to acquire 5.15% equity of Chongqing Blue Electric.

Bo Jun Technology announced that the company plans to subscribe for an additional registered capital of Chongqing Blue Electric Technology Co., Ltd. with 512.33 million yuan in cash, acquiring a 5.1493% equity stake. After the capital increase, it will not gain control or be included in the consolidated financial statements. This matter has been reviewed and approved at the 26th meeting of the fifth board of directors of the company, and does not require approval from the shareholders' meeting, and does not constitute a related party transaction or a major asset restructuring. The funds mainly come from self-raising, which may lead to a decrease in cash flow. The future operations of the target company are uncertain, and investment returns may not meet expectations. The agreement has been signed, but the industrial and commercial changes have not been completed.