Xingye Technology: Intends to acquire the business of Qingdao Liang Indium Phosphide with a total price of 55 million yuan.

Xingye Technology Announcement: The company has signed a framework agreement with Qingdao Li'angjing Electric Semiconductor Technology Co., Ltd. on the acquisition of indium phosphide business, intending to acquire its indium phosphide substrate and semiconductor electronic materials research, development, manufacturing, and sales business, including related assets, business team, and intellectual property rights. The transaction amount is 55 million RMB in cash, with an initial payment of 15 million RMB. This acquisition does not constitute a related party transaction or a major asset restructuring, and is expected to have no significant impact on current operating performance.