According to the announcement of Waveguide Co., Ltd., the company's subsidiary, Suizhou Waveguide Electronics Co., Ltd. signed a “State-owned Land Use Rights Acquisition Contract” with the Suizhou Land Acquisition and Reserve Center. The latter collected part of Suizhou Waveguide's land use rights and ground structures and attachments at No. 78 Bianzhong Avenue in Suizhou City. The storage area was 10,0205.69 square meters. The total storage price was 54.074 million yuan, and the price was paid in three installments. Suizhou Waveguide is required to deliver ownership data within 3 days after signing the contract and complete the land transfer within 20 days from the date of receipt of the first installment price.

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