Yunjigroup plans to acquire a 40.9993% equity interest in Shenzhen Ruibo Automation Equipment Co., Ltd. for RMB 182 million in cash. The company previously held a 10.0007% stake in Shenzhen Ruibo through a capital increase. Upon completion of this acquisition, Yunjigroup will hold a total of 51% equity in Shenzhen Ruibo, which will become a controlled subsidiary and be consolidated into the company's financial statements. The total consideration for the cumulative M&A transactions through which the company will acquire a 51% stake in the target company amounts to RMB 227 million, funded by its own funds and self-raised funds. This transaction has been reviewed and approved at the 45th meeting of the fifth board of directors of the company, does not require submission to the shareholders' meeting for review, and does not constitute a related-party transaction or a major asset restructuring.