Baosoft: intends to acquire 51% equity of Wuhan Huagong Laser held by Wuhan Baosoft.

Sina Finance reported on March 30th that Baixing Software announced that the company's 11th board of directors' 5th meeting was held on March 27th, reviewing and passing multiple proposals including the 2025 board of directors' work report, annual report, profit distribution plan, etc. Among them, the meeting passed a proposal regarding the bankruptcy reorganization of Qinghai Salt Lake Magnesium Industry, resulting in a debt restructuring loss of 27.12 million yuan. As the bad debt provision for the debt has already been made, this write-off will not affect the current year's profit. The meeting also passed a proposal to acquire 51% of the shares of Wuhan Huagong Laser held by Wuhan Baixin, with the transaction based on the audited net asset value. After completion, Wuhan Huagong Laser will become a subsidiary controlled by the company.