Puran Group: Intends to acquire 49% of the equity or increase profitability through multiple measures to prevent dilution of returns.

Puran Corporation announced that it plans to purchase 49% of Nuoya Changtian's equity held by Zhuhai Nuoyan, etc. through issuing shares, convertible bonds, and cash payment, and raise funds. According to the "Review Report", after the completion of the transaction, the revenue in 2025 will be 3.459 billion yuan, an increase of 49.13% year-on-year; the net profit will be 302 million yuan, an increase of 36.50% year-on-year; and the earnings per share will be 2.02 yuan, an increase of 44.29% year-on-year. However, if the profitability of the target is lower than expected, the return may be diluted. The company will take measures such as integrating the target, improving distribution policies, and strengthening internal control to prevent risks, and related parties have also issued commitment to fill the return gap.