Huasu Holdings announced that the company signed an “Equity Transfer Framework Agreement” with Junfa Technology to acquire 51% of the shares of Ningxia Junfeng New Energy Technology Co., Ltd. held by Junfa Technology for 23.7048 million yuan. The reference date for the audit and evaluation of this transaction is March 31, 2026. The total equity valuation of the target company was 46.48 million yuan, and the transaction price was paid in three installments. The details are subject to the official equity transfer agreement. This transaction is not expected to involve related transactions, does not constitute a major asset restructuring, and does not need to be submitted to the board of directors and shareholders' meetings for consideration. The deal is still in the planning stage, and there is great uncertainty about whether it can be implemented in the end.

Huasu Holdings announced that the company signed an “Equity Transfer Framework Agreement” with Junfa Technology to acquire 51% of the shares of Ningxia Junfeng New Energy Technology Co., Ltd. held by Junfa Technology for 23.7048 million yuan. The reference date for the audit and evaluation of this transaction is March 31, 2026. The total equity valuation of the target company was 46.48 million yuan, and the transaction price was paid in three installments. The details are subject to the official equity transfer agreement. This transaction is not expected to involve related transactions, does not constitute a major asset restructuring, and does not need to be submitted to the board of directors and shareholders' meetings for consideration. The deal is still in the planning stage, and there is great uncertainty about whether it can be implemented in the end.