Dare Electronics: Completes acquisition of 70% equity in Dongguan Yunhong, which becomes a controlling subsidiary.

Dare Electronics announced that the company had previously acquired a 70% equity interest in Dongguan Yunhong Mold Co., Ltd. held by Yang Bo for RMB 70 million using its own funds. Recently, Dongguan Yunhong has completed the industrial and commercial registration procedures for the equity change and obtained a new business license. Upon completion of this change, the company holds a 70% equity interest in Dongguan Yunhong, and Dongguan Yunhong has become a controlled subsidiary of the company.