Core Viewpoint - The company plans to acquire a 49% stake in Noah Changtian through a combination of issuing shares, convertible bonds, and cash payments, which will enhance its control over the subsidiary and strengthen its position in the non-volatile storage market [1] Group 1 - The acquisition involves purchasing shares from Zhuhai Nuoyan, Yuanhe Puhua, and Hengqin Qiangke [1] - Upon completion of the transaction, Noah Changtian will become a wholly-owned subsidiary of the company, and the target company SHM will be a wholly-owned subsidiary of the listed company [1] - The main business of the target company is to provide high-performance 2D NAND and derivative storage products and solutions [1] Group 2 - This transaction is aimed at consolidating the company's layout in non-volatile storage products [1] - The acquisition is expected to enhance the company's control over SHM, thereby improving its sustainable profitability and risk resistance [1] - The company's stock will resume trading on December 9, 2025 [1]