Changfei Optical announced that the company plans to acquire 25.00% of the shares of Changfei Optical Fiber and Cable Co., Ltd. held by Draka Comteq B.V., for 12 million yuan. After the transaction is completed, the company will hold 100.00% of Changfei Shanghai's shares. Changfei Shanghai will change from a joint venture company to a wholly-owned subsidiary and be included in the scope of the consolidated statement. This transaction constitutes a related transaction, does not constitute a major asset restructuring, and does not require review by the shareholders' meeting. The transaction consideration was determined based on Changfei Shanghai's audited net assets negotiations at the end of 2025, with a premium of about 6.3%. The transaction has not yet been settled. In the future, it is necessary to complete procedures such as registration of industrial and commercial changes, taxation, and foreign exchange management.

Changfei Optical announced that the company plans to acquire 25.00% of the shares of Changfei Optical Fiber and Cable Co., Ltd. held by Draka Comteq B.V., for 12 million yuan. After the transaction is completed, the company will hold 100.00% of Changfei Shanghai's shares. Changfei Shanghai will change from a joint venture company to a wholly-owned subsidiary and be included in the scope of the consolidated statement. This transaction constitutes a related transaction, does not constitute a major asset restructuring, and does not require review by the shareholders' meeting. The transaction consideration was determined based on Changfei Shanghai's audited net assets negotiations at the end of 2025, with a premium of about 6.3%. The transaction has not yet been settled. In the future, it is necessary to complete procedures such as registration of industrial and commercial changes, taxation, and foreign exchange management.