Transaction Overview - The company, Luxshare Precision Industry Co., Ltd., approved the acquisition of equity and assets from subsidiaries of Wentech Technology Co., Ltd. during its board and supervisory meetings held on March 20, 2025 [1] - The acquisition pertains to the consumer electronics system integration business [1] Transaction Progress - As of the announcement date, all preconditions for the transfer of equity and assets have been met, and the transfer procedures are progressing smoothly [3] - Some assets have already been transferred, while the transfer of real estate and certain customs-regulated equipment is still in process, with no substantial obstacles reported [3] - Upon completion of the transfer, the acquired assets will be included in the company's consolidated financial statements [3]