Kailong High-Tech: Intends to purchase 70% equity of Shenzhen Jinwangda Electromechanical Co., Ltd. Stock Resumption.

Kailong Technology announcement: The company plans to purchase 70% equity of Shenzhen Jinwangda Electromechanical Co., Ltd. from Xu Zhaowang and Anyi Pioneers Enterprise Management Partnership by issuing shares and paying cash. In this transaction, 60% of the transaction price will be paid in shares and 40% in cash. Additionally, the company plans to raise matching funds from Mr. Zang Zhicheng, the actual controller, not exceeding 100% of the transaction price of purchasing assets by issuing shares. This transaction aims to accelerate Kailong Technology's industrial upgrading in the field of intelligent manufacturing and improve the layout of the robot industry chain. According to the regulations of the Shenzhen Stock Exchange, upon the company's application, the company's securities will resume trading from February 4, 2026.