Business Network Electronics: Intends to purchase a portion of the equity of Guangzhou Ligon Technology and achieve the goal of controlling stake.

Shangluo Electronics announced that the company has signed an "Investment Intent Agreement" with the major shareholders of Guangzhou Ligong Technology Co., Ltd., intending to purchase a portion of Ligong Technology's equity through cash payment and achieve the goal of controlling the company. The specific acquisition plan, equity acquisition ratio, transaction structure, and transaction price will be determined based on due diligence, audits, evaluations, and negotiations among the parties involved in the transaction. Ligong Technology is a distributor of electronic components, which has high synergy with Shangluo Electronics' main business. This equity acquisition aligns with Shangluo Electronics' strategic plan and layout of focusing on the distribution industry, contributing to the extension of the industrial chain, further enhancing the company's comprehensive competitiveness, sales scale, and profitability.