Core Viewpoint - The company intends to purchase inertial sensor modules and related production equipment from a related party for a total contract amount of 3.8 million yuan, which is expected to reduce costs and accelerate the introduction of new products [1][2][6]. Summary by Sections 1. Overview of Related Transactions - The company’s wholly-owned subsidiary, Suzhou Shunjing Integrated Circuit Co., Ltd., will acquire inertial sensor modules and related equipment from Suzhou Yiboda Micro System Technology Co., Ltd. for 3.8 million yuan [1][2]. - This transaction is classified as a related party transaction due to the involvement of the company's actual controller, Xu Liang, who is a director of Yiboda [1][3]. - The transaction does not meet the criteria for a major asset restructuring as defined by relevant regulations [1][2]. 2. Financial Information of the Transaction - The total amount of related transactions with the same or different related parties in the past 12 months, excluding this transaction, did not exceed 0.5% of the company's latest audited net assets [2][3]. - The transaction is expected to reduce costs and time for new product launches, thereby enhancing the company's production capabilities and supporting future industry chain upgrades [2][6]. 3. Details of the Transaction Assets - The assets being acquired include various testing and calibration equipment, which have been purchased at market prices from 2022 to 2025 and are in good condition [5][6]. - The book value of the equipment as of June 30, 2025, is approximately 2.1 million yuan, while the inventory has a book value of about 1.5 million yuan [5][6]. 4. Valuation and Pricing of the Transaction - The transaction price of 3.8 million yuan was determined based on an asset valuation report, which estimated the market value of the assets at approximately 3.89 million yuan [8][9]. - The valuation was conducted by Wanlong (Shanghai) Asset Appraisal Co., Ltd., using cost and market approaches [8][9]. 5. Agreement and Compliance - The agreement includes provisions for the transfer of inventory and production materials, as well as a three-year license for the use of related intangible assets [9][10]. - The transaction was approved by the company's independent directors and does not require further shareholder approval [10][11]. 6. Historical Related Transactions - The company has previously engaged in three related transactions with enterprises controlled by Xu Liang, including investments in joint ventures [11][12].

Core Viewpoint - The company *ST Huawang announced that its wholly-owned subsidiary, Suzhou Shunjing Integrated Circuit Co., Ltd., plans to purchase inertial sensor module and system-related R&D and production equipment from Suzhou Yiboda Micro System Technology Co., Ltd. for a contract amount of 3.8 million yuan. This transaction constitutes a related party transaction as Yiboda is controlled by the company's actual controller, Mr. Xu Liang. The transaction is expected to reduce costs and time investments, accelerate the launch of new products, and enhance the company's future industrial chain construction and upgrade [1]. Group 1 - The contract amount for the transaction is 3.8 million yuan [1] - The transaction is approved by the company's fifth board of directors' independent directors and does not require shareholder approval [1] - The transaction aims to reduce costs and time investments for the company [1] Group 2 - The related party involved in the transaction is Suzhou Yiboda Micro System Technology Co., Ltd., which is controlled by Mr. Xu Liang [1] - The transaction is expected to accelerate the introduction of new production capabilities and enhance the company's industrial chain [1] - The approval process included a special meeting of independent directors and subsequent board meetings [1]