Hongda Electronics: Abandoning the pre-emption rights for the transfer of 46.75% equity in the investee company.

Hongda Electronics announced that the company held a board meeting on August 10 and approved a proposal to waive the right of first refusal for the transfer of the 46.75% equity stake in the associate company Hongxunwei, which qualifies as a related party transaction. Hongxin Chuangrong intends to transfer this portion of equity to the company's former director Xu Qianjun for 14.86 million yuan, while the companys shareholding will remain unchanged at 29.75%. In the first half of 2026, Hongxunwei reported revenue of 8.6159 million yuan and a net loss of 4.2367 million yuan. From the beginning of the year to the date of the announcement, the company has engaged in related party transactions exceeding 10 million yuan with Xu Qianjun. The waiver of the right of first refusal will not affect the scope of consolidation and will have no significant adverse impact on the financials or operations.