Hangzhou Jingye Intelligent plans to acquire 51% equity of Hefei Shengwen in cash.

On September 28, 2025, the second session of the 19th board of directors of Hangzhou Jingye Intelligent Technology Co., Ltd. was held via a combination of on-site and remote communication methods. The meeting approved the proposal on the cash acquisition of 51% equity of Hefei Shengwen Information Technology Co., Ltd. and related party transactions. The company plans to acquire 51% equity of Hefei Shengwen held by Hangzhou Xingzhiyuan Holdings in cash. This transaction is in line with the company's development plan, beneficial for strategic layout and business expansion in the military industry field, and will create multiple synergies. The proposal has been reviewed in multiple meetings and still needs to be submitted for approval at the 7th interim shareholders' meeting of 2025. Additionally, the meeting also approved the proposal to convene the 7th interim shareholders' meeting of 2025, and the specific time will be notified on the Shanghai Stock Exchange website.