StarNet Ruijie: Plans to acquire 46% of Guangzhou Xindes equity for 396 million yuan in cash.

Xingwang Ruijie announced that the company intends to acquire 46% of the equity in Guangzhou Xinde Communication Technology Co., Ltd. held by Chen Chunming, Rao Dongsheng, and Jiang Xiaomin in cash, with the transaction price set at 396 million yuan. Upon completion of this transaction, the company will hold 67% of the equity in Guangzhou Xinde, making it a majority-owned subsidiary of the company. The transaction includes performance commitments, with the committing parties promising that the target company's net profit attributable to the parent company, after deducting non-recurring gains and losses, will not be less than 75 million yuan in 2026 and 80 million yuan in 2027.