Meike Home: Plans to acquire controlling stake in Shenzhen Wandai Electronic Optoelectronics, stock trading resumes

Macy's Home Furnishings announced that the company is planning to issue shares and pay cash to acquire the controlling rights of Shenzhen Wande Sui Optoelectronic Technology Co., Ltd. and raise matching funds. The company's stock has been suspended from trading since December 18, 2025, and is expected to resume trading within 10 trading days. On December 31, 2025, the company's board of directors approved the related transaction plan. Upon application, the company's stock will resume trading starting from January 5, 2026. As of the disclosure date of the announcement, the transaction audit, evaluation, and other work are being carried out in an orderly manner, and the transaction still requires approval from the company's board of directors, shareholders' meeting, and regulatory authorities.