XinDao Technology announced that it plans to issue convertible bonds and pay cash to purchase 100% of Jishun Technology's shares and 17.15% of Shunlei Technology's shares and raise capital. After the transaction is completed, it will directly or indirectly hold 100% of the shares of the two companies, which is expected to constitute a major asset restructuring. On August 3, 2025, the relevant meeting of the company reviewed and approved the transaction plan. As of the date of disclosure of the announcement, the company continued to advance restructuring and organize intermediaries to carry out due diligence, audit, evaluation, etc., and the transaction still needed to complete internal decision-making procedures and obtain regulatory approval, so there is uncertainty.

XinDao Technology announced that it plans to issue convertible bonds and pay cash to purchase 100% of Jishun Technology's shares and 17.15% of Shunlei Technology's shares and raise capital. After the transaction is completed, it will directly or indirectly hold 100% of the shares of the two companies, which is expected to constitute a major asset restructuring. On August 3, 2025, the relevant meeting of the company reviewed and approved the transaction plan. As of the date of disclosure of the announcement, the company continued to advance restructuring and organize intermediaries to carry out due diligence, audit, evaluation, etc., and the transaction still needed to complete internal decision-making procedures and obtain regulatory approval, so there is uncertainty.