Group 1 - Company announced the conditional agreement to sell 16% equity stake in S2C Shanghai for RMB 211,665,760, constituting a major transaction that requires compliance with listing rules [2] - The sale aims to provide strategic guidance and industry expertise to S2C Shanghai, facilitating the discovery of new business opportunities and strategic partnerships [2] - The net proceeds from the equity transfer, estimated at approximately USD 26.6 million, will be used for general working capital and to enhance the group's cash flow for further development [2] Group 2 - Company is a leading manufacturer of conditional access cards, providing advanced security products to pay-TV operators across 46 countries, holding a significant market share [3] - Company focuses on self-designed security chips to meet the growing security and functionality demands of pay-TV operators [3] - Company is involved in the research and production of third-generation semiconductor products to satisfy market needs for high-performance semiconductor solutions [3]