Golden Cup ElectricianWholly-owned subsidiary signed a 2,996,000 factory purchase agreement.

Golden Cup Electrician's announcement, the company's wholly-owned subsidiary Gold Cup Toly Europe Electromagnetic Wires.r.o. signed a factory purchase agreement with the Czech company Solwings.r.o., with a purchase amount of 2.996 million euros. This agreement marks a significant progress for the company's European production base, laying a good foundation for future construction and operation. The funds for this purchase come from the company's own funds, which will not affect the normal operation of the existing main business and will not have a significant impact on the company's financial condition and operating results.