Puran Co., Ltd. announced that it plans to purchase 49% of the shares of Zhuhai Noah Changtian Storage Technology Co., Ltd. and raise supporting capital by issuing shares, convertible corporate bonds, and paying cash. The transaction was reviewed by the Shanghai Stock Exchange M&A and Reorganization Review Committee at its 19th review meeting in 2026, and met the restructuring conditions and information disclosure requirements. The transaction still needs to be registered with the approval of the China Securities Regulatory Commission before it can be implemented. There is uncertainty about whether consent to registration can be obtained and when the registration will finally be completed.

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