Gailun Electronics: Completion of the acquisition of 100% equity in Ruicheng Xunwei and 45.64% equity in Naneng Micro.

Gailun Electronics announced that the company has obtained necessary approvals and authorizations for the acquisition of 100% equity in Ruicheng Semiconductor through the issuance of shares and cash payment, as well as a 45.64% equity interest in Naneng Micro, along with raising supporting funds. As of now, the registration of the 100% equity in Ruicheng Semiconductor was completed on July 31, 2026, and the registration of the 45.64% equity in Naneng Micro was completed on July 19. In the next steps, the company needs to complete a special audit, pay the consideration, handle the registration and listing of the newly issued shares, and other related matters, all of which do not pose substantial legal obstacles.