cnbm announced that its subsidiary sinoma science & technology (Chengdu) signed an agreement to acquire assets with sinoma intelligence technology (Chengdu) on October 25, 2024, at a price of approximately 89.72 million yuan in Sichuan Chengdu, including factories, land use rights, and related equipment. This transaction is an internal asset restructuring for the group, with the target assets including approximately 58,493 square meters of industrial land and approximately 36,464 square meters of factory buildings. Sinoma intelligence technology (Chengdu) is a subsidiary of sinoma international engineering, which is a subsidiary of cnbm holding approximately 40.97% of the shares. As the parent company of cnbm holds approximately 45.0192% of the shares, this asset acquisition constitutes a related party transaction. After the transaction is completed, sinoma science & technology (Chengdu) will hold approximately 32.37% of the net acquired target asset equity. The board of directors believes that the transaction terms are fair and reasonable, and are in line with the overall interests of the company and shareholders.

cnbm announced that its subsidiary sinoma science & technology (Chengdu) signed an agreement to acquire assets with sinoma intelligence technology (Chengdu) on October 25, 2024, at a price of approximately 89.72 million yuan in Sichuan Chengdu, including factories, land use rights, and related equipment. This transaction is an internal asset restructuring for the group, with the target assets including approximately 58,493 square meters of industrial land and approximately 36,464 square meters of factory buildings. Sinoma intelligence technology (Chengdu) is a subsidiary of sinoma international engineering, which is a subsidiary of cnbm holding approximately 40.97% of the shares. As the parent company of cnbm holds approximately 45.0192% of the shares, this asset acquisition constitutes a related party transaction. After the transaction is completed, sinoma science & technology (Chengdu) will hold approximately 32.37% of the net acquired target asset equity. The board of directors believes that the transaction terms are fair and reasonable, and are in line with the overall interests of the company and shareholders.