Huali Stock: Intends to Acquire 51% Stake in Zhongke Huilian

Hualu Group announced that it plans to sign a non-binding agreement with the shareholders of Zhongke Huilian to acquire 51% of the shares held by the existing shareholders of Zhongke Huilian using its own funds or self-raised funds in cash. After the completion of this acquisition, the target company will become a subsidiary of the company. Zhongke Huilian is a national-level specialized and innovative "small giant" enterprise that provides intelligent interaction and decision-making, data intelligence content management software products and solutions. In the government sector, it has built a "Smart Government Large Model Generation Synthetic Algorithm" vertical model that has been filed with the National Internet Information Office, and has provided a series of products and services including "Intelligent Asset Management Decision Platform", "Unified Intelligent Interaction System", "Virtual Intelligent Person", "Content Management System" to a large number of party and government agencies, banks and financial institutions, as well as central state-owned enterprise customers.