Xinrui Co., Ltd. announced that the company previously reviewed and approved the acquisition of 80% of the shares of Xinxiang Huilian Electronic Technology Co., Ltd. for 800 million yuan. As of August 3, 2026, the company has completed the first payment, and Huilian Electronics will be included in the consolidated statement in August. Currently, all parties are processing the relevant tax payments and registration of industrial and commercial changes. The underlying equity pledge has been lifted, the related party's arrears have been settled, and the remaining balance of the first payment has also been paid. In the future, the relevant parties will also have to fulfill matters such as the cancellation of Huilian Electronics' external guarantee, and the company will promptly disclose the progress.

Xinrui Co., Ltd. announced that the company previously reviewed and approved the acquisition of 80% of the shares of Xinxiang Huilian Electronic Technology Co., Ltd. for 800 million yuan. As of August 3, 2026, the company has completed the first payment, and Huilian Electronics will be included in the consolidated statement in August. Currently, all parties are processing the relevant tax payments and registration of industrial and commercial changes. The underlying equity pledge has been lifted, the related party's arrears have been settled, and the remaining balance of the first payment has also been paid. In the future, the relevant parties will also have to fulfill matters such as the cancellation of Huilian Electronics' external guarantee, and the company will promptly disclose the progress.