Puran Group: Plans to issue shares, convertible bonds, and pay cash to acquire 49% equity of the target, the stock will resume trading.

Purang announced that it plans to acquire 49% equity of Zhuhai Nuoyachangtian Storage Technology Co., Ltd. held by Zhuhai Nuoyachangtian through the issuance of shares, convertible corporate bonds, and payment of cash. After the completion of the transaction, the target company will become its wholly-owned subsidiary. The company's stock will be suspended from trading starting from December 9, 2025, and is expected to resume trading within a few trading days from December 9, 2025. The price of the shares to be issued in this transaction is not yet determined, and the initial conversion price of the convertible corporate bonds is 90 yuan per share. The transaction is subject to multiple approvals and there are uncertainties.