Core Viewpoint - The company plans to acquire 45% equity of its subsidiary, Qingdao Aokema Smart Industry Co., Ltd., from a minority shareholder for a total price of RMB 252,545,070.07, resulting in 100% ownership of the subsidiary after the transaction [2][5]. Transaction Overview - The transaction aims to enhance operational decision-making efficiency and optimize resource allocation within the company [5]. - The acquisition price is based on an asset evaluation conducted by Qingdao Tianhe Asset Appraisal Co., Ltd., with a valuation date of December 2, 2025, confirming the transaction price aligns with the assessed value [5][13]. Board Approval - The transaction was approved by the company's board of directors on February 26, 2026, with unanimous support from all participating directors [6]. Transaction Details - The transaction does not constitute a related party transaction or a major asset restructuring, and it does not require shareholder approval [3][7]. - The payment for the acquisition will be made in installments, with the first payment of RMB 95 million due within 7 working days after the contract takes effect [19]. Financial Impact - Upon completion of the transaction, the company will enhance its control and management efficiency over its subsidiaries, which is expected to positively impact future operational results and development [25]. - The transaction will not change the scope of the company's consolidated financial statements, and there will be no adverse effects on the company's financial status or operational results [25].