Guizhou Space Appliance announcement, the company has decided to use its own funds of 19.900438 million yuan to acquire 49% equity of its holding subsidiary Shenzhen Smalt Micro Electric Machine Co., Ltd. The purpose of this acquisition is to ensure the continuous stable operation of Smalt and expand the development space of the company's civil electric machine industry. After the acquisition is completed, Smalt will become a wholly-owned subsidiary of Guizhou Space Appliance. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring. The transaction funds are all from the company's own funds.