Meansson announced that the company previously reviewed and approved the acquisition of 60% of Huayang Communications's shares for 165 million yuan. After the transaction is completed, it will hold 70% of its shares. The shares will be transferred in three batches. At present, the parties involved in the transaction and Huayang Communications have completed the settlement procedure for the first batch of 25.65 million shares, the corresponding shares have been entered in the shareholders' register, the amendments to the articles of association have been completed, and the registration and filing of market entities has been completed. After the delivery of this batch was completed, the company held 59.15% of Huayang Communications's shares.

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