Fuchuang Precision announced that the company plans to acquire 65% of the shares of Riyang Electronic Technology Co., Ltd. held by Riyang Technology International Co., Ltd. in cash. As of December 31, 2025, the target company's approved net assets were $129.026,800, and the total share price of the target company was negotiated at $290 million. The consideration for this transaction was $189 million, and the funding source was own funds and/or bank loans. After the transaction is completed, Shanghai Riyang will become a holding subsidiary of the company and will be included in the scope of the consolidated statement. This transaction does not constitute a major asset restructuring or related transaction. The relevant bill will be submitted to the 3rd Extraordinary Shareholders' Meeting in 2026 for consideration.

Fuchuang Precision announced that the company plans to acquire 65% of the shares of Riyang Electronic Technology Co., Ltd. held by Riyang Technology International Co., Ltd. in cash. As of December 31, 2025, the target company's approved net assets were $129.026,800, and the total share price of the target company was negotiated at $290 million. The consideration for this transaction was $189 million, and the funding source was own funds and/or bank loans. After the transaction is completed, Shanghai Riyang will become a holding subsidiary of the company and will be included in the scope of the consolidated statement. This transaction does not constitute a major asset restructuring or related transaction. The relevant bill will be submitted to the 3rd Extraordinary Shareholders' Meeting in 2026 for consideration.