Nar Holdings: Termination of Acquisition of Controlling Stake in Jiangxi Blue Microelectronics Company

On the evening of July 21, NAR Corporation announced that in January 2025, the company signed an "Investment Intention Agreement" with Jiangxi Blue Microelectronics Technology Co., Ltd., Peng Shuyao, and Wang Youran. The company plans to acquire a portion of Blue Microelectronics' equity and hold no less than 51% of Blue Microelectronics' equity through capital increase, obtaining control of Blue Microelectronics. After the signing of the "Investment Intention Agreement", the company hired an intermediary institution to conduct due diligence on Blue Microelectronics and negotiated with related parties on this investment matter, but failed to reach a final consensus on the investment matter. The agreement automatically terminated on July 20, 2025.