Fanto Digital Technology: Intends to apply for a merger and acquisition loan of up to 61 million yuan from a bank.

Fanto numbers announcement, the company plans to apply for a merger and acquisition loan of up to 61 million RMB from banks, to pay for the acquisition of 51% equity interest in Zhejiang Yugong Information Technology Co., Ltd. and related taxes or to replace self-raised funds for previous payments, with a loan term of no more than 10 years. The company will provide pledge guarantees with 51% equity interest in its holding subsidiary Yugong Technology. This loan aims to optimize the financing structure, improve the efficiency of fund utilization, and will not have a significant impact on the company's normal production and operation.