On December 19, Huayuan Holding made an announcement stating that its wholly-owned subsidiary, Huayuan Semiconductor, has formulated plans to acquire a 51% equity stake in Nuanxin Technology, with the total acquisition cost amounting to 51 million yuan. Specifically, this acquisition entails purchasing a 46% equity stake currently held by Huayuan Venture Capital for 46 million yuan, along with a 5% equity stake owned by Wang Guangguang for 5 million yuan. Once the transaction is successfully concluded, Nuanxin Technology will transform into a controlled subsidiary under the umbrella of Huayuan Holding and will be duly incorporated into the consolidated financial statements. It is worth noting that this transaction does not fall under the category of a related-party transaction or a major asset restructuring, and thus, it does not necessitate the approval of the shareholders' meeting.