Weifu Hi-Tech announced that on July 9, 2026, the company plans to purchase Shanghai Xien with an additional registered capital of 230,635,892 yuan. After the capital increase, it will hold 33.83% of its shares and include it in the consolidated statement. Recently, the asset evaluation report related to the capital increase has been filed by the state-owned assets department, and the capital increase matters have been reviewed by the investment supervisory authority. As of the date of disclosure of the announcement, the settlement conditions for the transaction have been met. The company has completed the payment of the capital increase, the transaction has been settled, and the target company still needs to register the industrial and commercial change, which should be completed within 20 working days after receiving the payment.

Weifu Hi-Tech announced that on July 9, 2026, the company plans to purchase Shanghai Xien with an additional registered capital of 230,635,892 yuan. After the capital increase, it will hold 33.83% of its shares and include it in the consolidated statement. Recently, the asset evaluation report related to the capital increase has been filed by the state-owned assets department, and the capital increase matters have been reviewed by the investment supervisory authority. As of the date of disclosure of the announcement, the settlement conditions for the transaction have been met. The company has completed the payment of the capital increase, the transaction has been settled, and the target company still needs to register the industrial and commercial change, which should be completed within 20 working days after receiving the payment.