360 Security Technology Inc. announcement, wholly-owned subsidiary Tianjin Qihan Technology Co., Ltd. at a price of 0.133 billion yuan (including tax), will transfer the held R&D building A at 20 Haitai Avenue, Huayuan Industrial Area (Outer Ring) of Binhai High-tech Zone, Tianjin, consisting of 13-21 floors and 90 underground parking spaces, to Tianjin Binhai High-tech Zone Enterprise Innovation Service Co., Ltd. The transaction price represents a premium of approximately 55.44 million yuan over the book value. This transaction has been approved by the company's seventh board of directors at its sixth meeting, does not constitute a related party transaction, nor does it constitute a major asset restructuring. Based on the company's preliminary estimation, the impact of this transaction on the listed company's net income is approximately 43.5 million yuan.