
WEIDE INFORMATION: Plans to increase capital in Shuangzhou Technology with cash and acquire a 50.10% stake
WEIDE INFORMATION announced that the company plans to increase its capital in Beijing Shuangzhou Technology Co., Ltd. with cash. Upon completion of the capital increase, it will acquire a 50.10% equity stake in Shuangzhou Technology, becoming the controlling shareholder. The pre-investment overall valuation of Shuangzhou Technology is approximately 150 million yuan, with the specific valuation results to be determined based on the final appraisal report. The transaction price and other specific terms will be negotiated separately by the parties and formal agreements will be signed. This transaction does not constitute a related party transaction and is expected not to constitute a major asset restructuring. The "Equity Investment Intent Agreement" is only a preliminary agreement aimed at expressing the initial willingness of all parties to cooperate and the results of discussions. The specific transaction plan still needs further verification and communication, and there is uncertainty regarding whether the transaction can be completed. If this equity investment is completed, Shuangzhou Technology will be included in the company's consolidated financial statements, which will help the company further integrate resources in research and development, technology, and market in the information security field, broaden its product line and market channels, enhance market share, and improve overall competitiveness

