Rising Sun Optoelectronics: Subsidiary intends to purchase vacuum magnetron sputtering equipment with a maximum amount of 200 million yuan.

Suntek Optoelectronics announced that its wholly-owned subsidiary, Zhejiang Suntek New Materials Technology Co., Ltd., plans to purchase vacuum magnetron sputtering equipment from a supplier. The total amount of the purchase contract is expected not to exceed 200 million yuan. The equipment will be used for the company's business in light-adjusting conductive films, optical films, and other businesses. The transaction amount accounts for more than 10% of the company's audited net assets in the most recent period, has been approved by the board of directors, and does not require approval from the shareholders' meeting. The information of the transaction party is not disclosed due to commercial secrets and strategic development considerations. The equipment has not been delivered, and it is expected to be delivered within 8 months after the down payment is made. The transaction price is determined through market price references and negotiations between both parties, with funding coming from the company's own funds and self-raised funds. This transaction is not expected to have a significant impact on the company's current and future financial condition and operating results.