Dare Electronic: Intends to acquire a portion of the equity of Westde and increase its capital to obtain an 80% stake.

Dari Electronics announced that on May 20, 2025, the company signed an "Intention Letter of Investment" with Dongguan Visteon New Material Technology Co., Ltd. and its shareholder Maidekun. The company intends to purchase a portion of the target company's shares held by shareholders in cash and increase the capital of the target company to obtain 80% of the target company's shares. After the transaction is completed, the target company will be included in the financial statements of the listed company. Maidekun, the counterparty, holds 80% of the shares of the target company, and the transaction may involve a third party designated by Maidekun to hold the shares of the target company. Visteon was established in June 2018 with a registered capital of 10 million RMB, and its main business is the research, production, and sales of carbon fiber materials. Further due diligence on the target company is still required for the transaction, and specific financial data is subject to audit confirmation.