Zhishang Technology intends to acquire a 99.8555% equity stake in Hengyang Data through a strategic combination of share issuance and cash payment, amounting to a transaction value of RMB 1.148 billion. Upon the successful completion of this transaction, Zhishang Technology's total share capital will rise to 147,335,805 shares, resulting in a passive dilution of the original shareholders' equity ratio. Nonetheless, the company's controlling shareholder and actual controller will remain unchanged. Hengyang Data, an expert in intelligent computing and data processing, stands as a prominent domestic provider of infrastructure for AI intelligent computing centers, cloud computing data centers, and beyond.