On the evening of April 23, North Longlong unveiled a draft report detailing a major asset acquisition, revealing its intention to acquire a 51% stake in Shenyang Shunyi Technology through a cash transaction worth 426 million RMB. This move is categorized as a major asset restructuring, notably excluding the issuance of any new shares. Furthermore, it does not qualify as a related-party transaction nor does it pave the way for a listing through restructuring. Shunyi Technology is a specialized firm engaged in the research and development, manufacturing, sales, and after-sales service of intelligent detection equipment, health management systems, maintenance support tools, and simulation systems. It offers comprehensive lifecycle monitoring and fault预警 (which can be translated more naturally in English as "early warning") services for military equipment, with its operational scope progressively broadening to encompass the navy, air force, and rocket force. This strategic acquisition will facilitate North Longlong's transition from solely supplying military non-metallic composite materials to venturing into the realm of military intelligent equipment, fostering synergistic growth across diverse facets including customer base, product portfolio, and research and development capabilities.