Fengyi Technology announced that the company plans to purchase a property in Runrong Building located in Nanshan District of Shenzhen from Shenzhen Enlightenment for R&D, office and business development. The target property has a construction area of 25,204.97 square meters, with a total price of 709.7 million yuan. It is expected to be delivered before December 31, 2027. The capital is own funds. The matter has been approved by the board of directors. It does not constitute a related transaction or major asset restructuring. There is no need for shareholders' review, but there is uncertainty about whether the transaction will eventually succeed and when it will be delivered.

Fengyi Technology announced that the company plans to purchase a property in Runrong Building located in Nanshan District of Shenzhen from Shenzhen Enlightenment for R&D, office and business development. The target property has a construction area of 25,204.97 square meters, with a total price of 709.7 million yuan. It is expected to be delivered before December 31, 2027. The capital is own funds. The matter has been approved by the board of directors. It does not constitute a related transaction or major asset restructuring. There is no need for shareholders' review, but there is uncertainty about whether the transaction will eventually succeed and when it will be delivered.