Yoyang Silicon: Termination of Major Asset Restructuring

Yoyan Silicon announced that on March 5, 2025, the company disclosed a major asset restructuring plan, intending to acquire approximately 60% of the equity of High Frequency Technology Co., Ltd. by way of cash payment. However, the parties involved in the transaction failed to reach an agreement on certain commercial terms. After friendly negotiations, they unanimously agreed to terminate the transaction and recently signed a Termination Agreement for the Equity Acquisition Intention Agreement. The major asset restructuring will be terminated. The company promises not to plan any major asset restructuring within at least 1 month from the date of this announcement.