Sumec Corporation (600710.SH) announced on September 9th that in order to further strengthen the company's layout in strategic emerging industries, promote the synergy and win-win cooperation of the company's clean energy, ecological environmental protection, and green ship manufacturing businesses, and enhance the company's ability to support national strategies, the company has signed a Share Transfer Agreement with China PuFa Bank. It plans to acquire 17 million shares of Lanpec Technologies (approximately 4.80% of Lanpec Technologies' total share capital) held by China PuFa Bank through non-public agreement transfer. The proposed transfer price of the target shares is RMB 5.09 per share, and the total transaction price is RMB 86.53 million. The funds for this transaction will come from the company's own funds. This transaction constitutes a related party transaction and does not constitute a major asset restructuring.