Bangyan Technology: Termination of Issuance of Shares and Payment of Cash to Purchase Assets and Raise Supporting Funds

Bangyan Technical Announcement: The company held the second meeting of the fourth board of directors on May 25, 2025, and approved the "Proposal on Termination of Issuance of Shares and Payment of Cash to Purchase Assets and Raise Matching Funds and Related Party Transactions". The company agreed to terminate the issuance of shares, payment in cash to purchase assets, and raise matching funds, as well as related party transactions, and authorized the company's management to handle the relevant matters related to the termination.