Boss Electric announced that the company plans to transfer 49% of the shares of the wholly-owned subsidiary Hainan Boss Intelligent Technology Co., Ltd. to the controlling shareholder Boss Group at a price of 0 yuan. Boss Group will assume corresponding payment obligations. After the transfer, the company still holds 51% of the shares. Subsequently, the two parties plan to jointly invest in the Hainan boss according to 51% and 49% shareholding ratios, totaling no more than 1,300 billion yuan. The full amount of capital will be used to pay 60% of iTronics Holding Limited's share acquisition amount and related taxes. This related transaction still needs to be submitted to the company's shareholders' meeting for review, and the parties have yet to sign a formal capital increase agreement.

Boss Electric announced that the company plans to transfer 49% of the shares of the wholly-owned subsidiary Hainan Boss Intelligent Technology Co., Ltd. to the controlling shareholder Boss Group at a price of 0 yuan. Boss Group will assume corresponding payment obligations. After the transfer, the company still holds 51% of the shares. Subsequently, the two parties plan to jointly invest in the Hainan boss according to 51% and 49% shareholding ratios, totaling no more than 1,300 billion yuan. The full amount of capital will be used to pay 60% of iTronics Holding Limited's share acquisition amount and related taxes. This related transaction still needs to be submitted to the company's shareholders' meeting for review, and the parties have yet to sign a formal capital increase agreement.