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According to the Sino-British Technology announcement, the company plans to purchase 51% of the total shares of Changzhou Yingzhong Electric Co., Ltd. held by Yu Biao, Yu Yingzhong, and Zhu Lijuan through cash payment, and has signed a relevant share transfer and performance commitment agreement. The company plans to sign a “Supplementary Agreement to the Equity Transfer Agreement” with the counterparty to the transaction and Yingzhong Electric with entry into force to clarify matters such as real estate expropriation arrangements. This matter involves related transactions and still needs to be submitted to the shareholders' meeting for consideration. Since the audit reference date for this transaction is March 31, 2026, and the relevant audit report is about to expire, the company has begun an additional audit. It does not intend to hold a shareholders' meeting to review matters related to this transaction, and will be notified separately after preparations are completed.
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According to the Sino-British Technology announcement, the company plans to purchase 51% of the total shares of Changzhou Yingzhong Electric Co., Ltd. held by Yu Biao, Yu Yingzhong, and Zhu Lijuan through cash payment, and has signed a relevant share transfer and performance commitment agreement. The company plans to sign a “Supplementary Agreement to the Equity Transfer Agreement” with the counterparty to the transaction and Yingzhong Electric with entry into force to clarify matters such as real estate expropriation arrangements. This matter involves related transactions and still needs to be submitted to the shareholders' meeting for consideration. Since the audit reference date for this transaction is March 31, 2026, and the relevant audit report is about to expire, the company has begun an additional audit. It does not intend to hold a shareholders' meeting to review matters related to this transaction, and will be notified separately after preparations are completed.
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