TengYa Precision: Waiving the pre-emption right to purchase 4.3478% equity share in Meiling Information Technology.

Tengya Precision Industry announced that its subsidiary Jiangsu Tengya Tools Co., Ltd.'s minority shareholder, Guangzhou Meilinge Information Technology Co., Ltd., intends to transfer its 4.3478% stake in Tengya Tools to the company's controlling shareholder, Nanjing Tengya Industrial Group Co., Ltd. The company's board of directors has decided to waive its preemptive purchase right for this equity transfer. After the transaction is completed, the company will still hold 56.9261% of the shares in Tengya Tools, Tengya Group will hold 18.0739% of the shares, and Tengya Tools will remain a subsidiary of the company.