On June 4, BOE announced that its holding subsidiary, Wuhan BOE Optoelectronics Technology Co., Ltd. (Wuhan BOE), has successfully repurchased a portion of its equity from minority shareholders, leading to a decrease in its registered capital. This strategic decision, which was unanimously agreed upon by all shareholders, is aligned with the company's current operational status and forward-looking earnings projections. Wuhan BOE has now completed the necessary industrial and commercial registration updates and has been issued a new Business License. As a result, its registered capital has been adjusted from RMB 26 billion to RMB 21 billion.