Yingliu Technology: Intends to acquire a minority stake in its subsidiary for 484 million yuan.

Announcement from Yingliu Group: The company plans to publicly bid to acquire 28.4615% of the shares of Yingliu Aviation held by Lu'an Chantu and Jin'an Chantu with a minimum price of 484 million yuan. After the acquisition is completed, the company will directly and indirectly hold 90% of Yingliu Aviation's shares through its wholly-owned subsidiary Yingliu Foundry, while Lu'an Chantu will hold 10% of Yingliu Aviation's shares. This transaction does not constitute a related party transaction and does not constitute a major asset restructuring. The transaction has been approved at the 10th meeting of the 5th Board of Directors of the company, and does not require approval from the shareholders' meeting. The funds for the transaction will come from bank acquisition loans and self-raised funds.