Tengjing Technology: Termination of the acquisition of 100% equity of Xun Te Communications.

Tengjing Technology announced that it had planned to purchase 100% of the shares of Shenzhen Xunte Communication Technology Co., Ltd. by issuing shares and paying cash, while also raising supporting funds. Due to changes in the market environment and difficulties in reaching a consensus on the transaction scheme, the company has decided to terminate the issuance of shares and payment of cash to purchase assets and raise supporting funds. This will not have a significant adverse impact on the company's existing production and operation activities and strategic development, and the company promises not to plan for any major asset restructuring for at least one month from the date of disclosure of the termination of this transaction.