Weide Information: The subsidiary plans to acquire a 51% stake in Haisheng Rongchuang.

Weide Information Announcement: The controlling subsidiary Shuangzhou Technology plans to acquire a 51% stake in Haisheng Rongchuang with cash. After the completion of this transaction, the target company will become a controlling subsidiary of Shuangzhou Technology, and the company will gain control of the target company. This transaction does not constitute an associated transaction and is expected to potentially qualify as a major asset restructuring under Article 12, Item (2) of the Administrative Measures for Major Asset Restructuring of Listed Companies. This transaction will be conducted in cash, does not involve the issuance of shares by the company, and will not result in a change of control of the company.

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