Wandekai announced that the company plans to purchase 100% of Zeng Rui Intelligent Control's shares from 4 counterparties by issuing shares and paying cash, while also raising capital from no more than 35 specific targets. The transaction is not expected to constitute a correlation, major asset restructuring or restructuring listing. Trading of the company's shares was suspended on March 24 and resumed on April 8. As of the date of disclosure of the announcement, relevant due diligence, audit, evaluation, etc. are progressing in an orderly manner. The Board of Directors and Shareholders' Meeting will need to be reviewed and approved by the supervisory authority. It is uncertain whether or not it will be approved and when.

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