Jiahe Intelligence announced that Jiahe International, a wholly-owned subsidiary of the company, plans to pay consideration in cash to acquire BeyerDynamic GmbH & Co., owned by Carol Shirley Beyer, Carina-Gloria Mühling, Daniela Gruidl, Dennis Gruidl, Samantha Carina Edwards, and David Edwards. All of KG's limited partnership interests, all shares of general partner BEYER DYNAMIC Verwaltungs-GmbH, and shareholder loans. The initial purchase price is €122 million, and the final purchase price will be determined based on data in the financial statements on the final delivery date. This transaction does not constitute a related transaction, nor does it constitute a major asset restructuring. As of the date of this announcement, the company is hiring intermediaries to carry out the audit and evaluation of the target company, and to proceed with the approval and filing procedures related to overseas investment.

Jiahe Intelligence announced that Jiahe International, a wholly-owned subsidiary of the company, plans to pay consideration in cash to acquire BeyerDynamic GmbH & Co., owned by Carol Shirley Beyer, Carina-Gloria Mühling, Daniela Gruidl, Dennis Gruidl, Samantha Carina Edwards, and David Edwards. All of KG's limited partnership interests, all shares of general partner BEYER DYNAMIC Verwaltungs-GmbH, and shareholder loans. The initial purchase price is €122 million, and the final purchase price will be determined based on data in the financial statements on the final delivery date. This transaction does not constitute a related transaction, nor does it constitute a major asset restructuring. As of the date of this announcement, the company is hiring intermediaries to carry out the audit and evaluation of the target company and to proceed with the approval and filing procedures related to overseas investment.