Group 1 - The company has agreed to acquire a total of 65,529,906 A-shares, representing approximately 29.99% of the target company Zhejiang Fenglong Electric Co., Ltd., at a price of RMB 17.72 per share [1] - Following the completion of the share transfer, the company plans to make a partial tender offer for 28,450,000 A-shares, which is about 13.02% of the target company's issued share capital, at the same price of RMB 17.72 per share [1] - The total consideration for the acquisition amounts to RMB 1,665,323,934.32, which will be paid in cash sourced from the company's internal resources [1] Group 2 - Upon completion of the acquisition, the company is expected to hold no less than 93,957,518 A-shares, representing approximately 43.00% of the target company's total issued share capital [2] - The target company is a publicly listed company in China, primarily engaged in the research, production, and sales of horticultural machinery engines, hydraulic control systems, and automotive components [2] - The acquisition is strategically aligned with both parties' long-term goals and is expected to create synergies that accelerate the development and commercialization of humanoid robots [3] Group 3 - The integration of the company's advanced humanoid robot technology with the target group's established manufacturing capabilities and supply chain relationships is anticipated to enhance overall product competitiveness and market reach [3] - The target company will become the first subsidiary of the group listed on the A-share market, positioning the group favorably within the intelligent service robot industry [3]

Group 1 - The company has agreed to acquire a total of 65,529,906 A-shares, representing approximately 29.99% of the target company Zhejiang Fenglong Electric Co., Ltd., at a price of RMB 17.72 per share [1] - Following the completion of the share transfer, the company plans to make a partial tender offer for 28,450,000 A-shares, which is about 13.02% of the target company's issued share capital, at the same price of RMB 17.72 per share [1] - The total consideration for the acquisition amounts to RMB 1,665,323,934.32, which will be paid in cash sourced from the company's internal resources, including funds raised through a general authorization placement [1] Group 2 - Upon completion of the acquisition, the company is expected to hold no less than 93,957,518 A-shares, representing approximately 43.00% of the target company's total issued share capital [2] - The target company is a publicly listed company in China, primarily engaged in the research, production, and sales of horticultural machinery engines, electric machinery, hydraulic control systems, and automotive components [2] - The acquisition is strategically aligned with both parties' long-term goals and is expected to create synergies that accelerate the development and commercialization of humanoid robots [3] Group 3 - The integration of the company's advanced humanoid robot technology with the target group's established manufacturing capabilities, supply chain relationships, and extensive customer base is anticipated to enhance overall product competitiveness and market reach [3] - The target company will become the first subsidiary of the group listed on the A-share market, positioning the group favorably within the intelligent service robot industry [3]

Core Viewpoint - The collaboration between Giant Star Legend and Hangzhou Yushu Technology focuses on the development and commercialization of consumer-grade robotic products, specifically quadruped robotic dogs, leveraging both companies' strengths in IP and technology [1] Group 1: Company Collaboration - Giant Star Legend's wholly-owned subsidiary, Xing Chuang Yi, has entered into a cooperation agreement with Yushu Technology [1] - The partnership aims to create consumer-grade robots with intellectual property attributes [1] - Giant Star Legend will handle core IP planning, design, and global marketing strategies, while Yushu Technology will focus on technology, hardware development, and production [1]