Haimo Technology: Transfer of controlling stake in subsidiary for 370 million yuan, accounting for 99.33% of the shares.

Haimo Technologies announced that, in order to implement its development strategy and focus on core business, on December 25, 2025, the company signed an agreement with Elite Optoelectronics and Wu Yanlin to transfer 99.33% of the shares of its subsidiary Sitan Instruments for 370 million yuan, including 100% of the shares of Sitan Software and 100% of the shares of Sitan Oilfield Services. Recently, Elite Optoelectronics paid the second installment of 150 million yuan, making a total payment of 200 million yuan. Sitan Instruments completed the industrial and commercial change registration, and the company no longer has control over it. Sitan Instruments is no longer included in the consolidated financial statements.