kairuide announcement, the company has decided to terminate the planned major assets restructuring and related party transactions. The transaction was originally planned to acquire at least 29.01% of the shares of State Grid Technology through cash payment, with a transaction amount expected to be not less than 0.387 billion yuan, and become the largest shareholder of State Grid Technology. Due to changes in the market environment and the core terms of the transaction, after consultation among all parties, the board of directors meeting was held on October 29, 2024, and passed the resolution to terminate the major assets restructuring.