Ningbo Fangzheng is planning to acquire 60% equity in Junpeng Communication, and the major asset restructuring is still in progress

Ningbo Fangzheng Automobile Mould Co., Ltd. is planning to purchase 60% of Junpeng Communication held by Pengxin Chuangzhan in cash. Before the transaction, Ningbo Fangzheng already held 40% of Junpeng Communication, and after completion, Junpeng Communication will become its wholly-owned subsidiary. This is expected to constitute a significant asset restructuring and related party transaction, without involving the issuance of shares or changes in control. The company has previously disclosed progress multiple times. As of the announcement date, it is organizing intermediary institutions to conduct due diligence, auditing, and evaluation, and the relevant parties have not signed formal documents. This transaction is still in the planning stage, with core elements pending negotiation, and there is significant uncertainty. The company will fulfill its decision-making approval and information disclosure obligations in accordance with regulations and reminds investors to pay attention to risks