Neway Co., Ltd. announced that on November 4, 2025, the company plans to acquire 40% of the shares of the holding subsidiary Dongwu Machinery with 139 million yuan of its own capital. After the transaction is completed, it will hold 100% of its shares, and the scope of the consolidated statement remains unchanged. As of the announcement disclosure date, Dongwu Machinery's share transfer change registration has been completed, a new “business license” has been obtained, and it has become a wholly-owned subsidiary of the company. Its registered capital is 63.6 million yuan, and the legal representative is Lu Liangfeng.

Neway Co., Ltd. announced that on November 4, 2025, the company plans to acquire 40% of the shares of the holding subsidiary Dongwu Machinery with 139 million yuan of its own capital. After the transaction is completed, it will hold 100% of its shares, and the scope of the consolidated statement remains unchanged. As of the announcement disclosure date, Dongwu Machinery's share transfer change registration has been completed, a new “business license” has been obtained, and it has become a wholly-owned subsidiary of the company. Its registered capital is 63.6 million yuan, and the legal representative is Lu Liangfeng.