Ger stock: plans to acquire the equity of Hong Kong Lianfeng's wholly-owned subsidiary for 10.4 billion Hong Kong dollars.

Goer Holdings announced that the company plans to acquire 100% equity of Mega Precision Technology Limited and Channel Well Industrial Limited, both wholly-owned subsidiaries of LiFung Limited in Hong Kong, with approximately HK$10.4 billion in self-owned or self-raised funds. This transaction is not considered a related party transaction and is not expected to constitute a significant asset restructuring. The target companies have industry-leading competitiveness in the field of precision metal structural components, which complements and synergizes with the company's existing precision structural component business. Through this acquisition, the company can acquire high-quality assets and further enhance its vertical integration capabilities, which will strengthen the company's overall competitiveness in the field of precision structural components, increase the scale and profitability of the company's precision structural component business, deepen cooperation with industry-leading customers, and promote the long-term healthy development of the company's main business.