Xinrui Group: Plans to acquire 70% equity of Huilian Electronics for 700 million yuan.

Xinrui shares announcement, the company signed a "framework agreement" with Huilian Electronics and its major shareholders on February 11, 2026, planning to use no more than 700 million yuan to acquire 70% of the shares of Huilian Electronics held by its major shareholders, obtaining its controlling rights. At the same time, in order to resolve competition issues with Huilian Electronics and develop overseas markets, the company plans to use no more than 28 million yuan to acquire 70% of the shares of WINWINHITECHCO.,LTD. held by Xu Meihua's spouse, Zhang Zhe, and obtain controlling rights. The source of funds is from self-owned funds and merger and acquisition loans.