Gaily Electronics: Issuance of shares to purchase assets and fundraising approved by the China Securities Regulatory Commission.

Gailun Electronics announced that the company plans to purchase 100% of the equity of Chengdu Ruicheng Xinwei Technology Co., Ltd. and 45.64% of the equity of Nane Microelectronics Co., Ltd. through the issuance of shares and payment of cash, and raise supporting funds. On June 26, 2026, the company received approval from the China Securities Regulatory Commission to issue shares to multiple parties to purchase related assets, and also approved the issuance of shares to raise supporting funds not exceeding 1.05 billion yuan. The approval is valid for 12 months from the date of issuance.