Su Daweige: Intends to acquire up to 51% equity in Changzhou Weipu, expecting to achieve controlling stake.

Sudaweige announcement, the company plans to acquire up to 51% of the equity of Changzhou Vipu Semiconductor Equipment Co., Ltd. in cash, and is expected to achieve controlling interest in the target company. The overall valuation of 100% equity of the target company is tentatively set at no more than 1 billion yuan, and the expected transaction price is no more than 510 million yuan. The company will timely fulfill necessary decision-making procedures and information disclosure obligations according to the subsequent progress of the cooperation.