Vosges Co., Ltd. announced that the company signed an “Equity Transfer Agreement” with Bosellis, Nanjing Zhongli, and Borselis on July 16, 2026 in Gaomi City, Shandong Province. The company acquired 78.80% of Borselis' shares at a consideration of 400 million yuan. After the transaction was completed, Borselis became a holding subsidiary of the company and was included in the scope of the consolidated statement.

Vosges Co., Ltd. announced that the company signed an “Equity Transfer Agreement” with Bosellis, Nanjing Zhongli, and Borselis on July 16, 2026 in Gaomi City, Shandong Province. The company acquired 78.80% of Borselis' shares at a consideration of 400 million yuan. After the transaction was completed, Borselis became a holding subsidiary of the company and was included in the scope of the consolidated statement.