Shenzhen New Land Tool Planning & Architectural Design (300778.SZ) subsidiary plans to acquire 100% equity of Jiangmen Honglun.

Shenzhen New Land Tool Planning & Architectural Design (300778.SZ) announced that its wholly-owned subsidiary Shenzhen Fangyao Energy Technology Co., Ltd. ("Fangyao Energy") plans to use raised funds to acquire 100% equity of Jiangmen Honglun New Energy Co., Ltd. ("Jiangmen Honglun"). After negotiation between the two parties, the acquisition price for Fangyao Energy to acquire 100% equity of Jiangmen Honglun is determined at 5.347 million yuan, and the amount of debt assumed for the target company is 6.1409 million yuan. After the transaction is completed, Jiangmen Honglun will be included in the company's consolidated financial statements. This acquisition is the specific implementation of the company's fundraising project "Building Green Energy and Zero-Carbon Park Planning and Construction Project", and is also based on the needs of the company's strategic planning and business development. It is conducive to the company's continuous optimization of its urban smart energy business layout, expansion of high-quality reserve projects, and steady advancement of the overall development of the company's new energy sector.