Xiongsu Technology revealed in an announcement (Note: In the context of formal filings by Chinese companies translated into English, "Announcement" is sometimes retained in pinyin to maintain specificity. However, for pure translation purposes, "notice" or "announcement" would suffice; here, "announcement" is used for clarity) that it plans to acquire up to an 80% stake in Shenzhen Xinyuan New Materials Co., Ltd., using cash. The tentative overall valuation for 100% of the target company's equity is set at no more than RMB 800 million, with the maximum cash consideration amounting to RMB 640 million. Xinyuan New Materials is projected to generate a net profit of approximately RMB 50 million in 2025 and around RMB 30 million in the first half of 2026. The performance commitment period agreed upon by both parties spans from 2026 to 2028, with a net profit commitment of no less than RMB 58 million for 2026 and a cumulative net profit of no less than RMB 192 million over the three-year period. At present, the transaction remains in the planning phase and is subject to various uncertainties.