Tongye Technology: Intends to purchase 100% equity of Silink Technology in cash.

Technology company announcement: The company plans to purchase 100% equity interest in Beijing Silingke Semiconductor Technology Co., Ltd. in cash. The transaction is expected to constitute a major asset restructuring, without involving the issuance of shares by the company, nor will it result in changes to the company's controlling shareholder and actual controller. Currently, the transaction is still in the planning stage, and the transaction scheme and terms still need further demonstration and negotiation, with existing uncertainties.