Lingwei Technology: Intends to use 50.2 million yuan of its own funds to acquire 70% equity of Jiangsu Huimai.

Lingwei Technology Announcement: The company plans to acquire a total of 100% equity of Jiangsu Huimai Powder Technology Co., Ltd. held by Chen Guangrong and Liu Ya in two separate transactions. In this transaction, the company will use its own funds of 50.2 million yuan to acquire 70% equity of Jiangsu Huimai held by Chen Guangrong; after the performance commitment period ends, the company will determine the purchase price based on the cumulative net profit audited by Jiangsu Huimai during the performance commitment period, and decide whether to acquire the remaining 30% equity held by Liu Ya. If the cumulative net profit exceeds 14 million yuan, the total transfer price will be 25.8 million yuan; if the cumulative net profit exceeds 9 million yuan but does not reach 14 million yuan, the total transfer price will be 12.9 million yuan; if the cumulative net profit is less than 9 million yuan, the total transfer price will be 0 yuan.