Yidong Electronics: Plans to acquire a 29% stake in Shenzhen Guanding for 116 million yuan

Yidong Electronics announced that the company has signed equity transfer agreements with Liang Lizhuang and Qiu Wansheng, intending to acquire a 25% equity stake in Shenzhen Guanding held by Liang Lizhuang for RMB 100 million, and a 4% equity stake in Shenzhen Guanding held by Qiu Wansheng for RMB 16 million, with a total transaction consideration of RMB 116 million. After the completion of this acquisition, the company will hold an 80% equity stake in Shenzhen Guanding, and the scope of consolidated financial statements will remain unchanged. This transaction does not constitute a related-party transaction or a major asset restructuring, and does not need to be submitted to the shareholders' meeting for review.