Entropy Technology: Planning to acquire 55% equity stake in Dragon Source Technology.

Shangji Technology announced that the company has signed a "Letter of Intent for Acquisition" with 9 counterparty and target companies including Yu Mengchu and Li Weihua. The company plans to acquire a total of 55% equity of Shenzhen Longzhiyuan Technology Co., Ltd. held by Yu Mengchu and Li Weihua in cash. This transaction is not a related party transaction and is not expected to constitute a major asset restructuring. The target company is a company focusing on smart outdoor audio and video equipment and optical equipment, with products mainly covering tracking cameras, rangefinders, night vision devices, etc. for smart outdoor use.