CaiXun Co., Ltd.: Plans to acquire 100% equity of Jizhi Intelligent for 364 million yuan

Caisun Co., Ltd.’s announcement states that the company plans to acquire 100% of the equity interest in Zhizhi Intelligent Technology (Shanghai) Co., Ltd. by paying cash. The total transfer price for the transaction is RMB 364 million. The transaction has already been reviewed and approved at the company’s 11th meeting of the Fourth Session of the Board of Directors, and therefore does not require submission for deliberation by the company’s shareholders’ meeting. The counterparty in this transaction has no related relationship with the company, the company’s controlling shareholder, the actual controller, the directors, or senior management of the company. This transaction does not constitute a related-party transaction. At the same time, this transaction has not met the major asset restructuring standards stipulated in the Measures for the Administration of Major Asset Restructuring of Listed Companies, and therefore does not constitute a major asset restructuring. This transaction includes performance commitments. The party making the performance commitment undertakes that the target company’s cumulative net profit for the three years from 2026 to 2028 will be no less than RMB 84 million. Specifically, the committed net profit for 2026 will be no less than RMB 20 million, for 2027 no less than RMB 28 million, and for 2028 no less than RMB 36 million.