Fashion Times: planning to acquire a portion of Xunwei Precision worth 220 million yuan and increase capital by 180 million yuan.

Tianchuang Fashion announced that the company plans to use its own funds of 220 million yuan to acquire 24.4444% of the equity of Anhui Xunwei Precision Industrial Co., Ltd. held by related parties, and at the same time increase its capital by 180 million yuan. After the completion of this equity transfer and capital increase, the company's shareholding in Xunwei Precision will be 37.0370%, and one director will be appointed. The company will seek new development opportunities and create new profit growth points through this equity acquisition. The proposal has been reviewed at relevant meetings and will be submitted for approval at the extraordinary general meeting on August 5, 2026. Related shareholders are required to abstain from voting.