Shengong Co., Ltd. announced that the company previously disclosed that its wholly-owned subsidiary CIC plans to acquire 20.0002% of Fujian Seiko's shares held by Rongju Dingxin for 195 million yuan. As of the disclosure date of the announcement, the transaction had been signed and reviewed by the 17th meeting of the Audit Committee of the 3rd Board of Directors and the 17th meeting of the 3rd Board of Directors. It still needs to be submitted to the shareholders' meeting for review.