Wuzhou Medical announced that the company plans to purchase 100% of Xuanzhi Electronic Technology Co., Ltd.'s shares held by 34 counterparties including Liu Gang through the issuance of shares and cash payments, and plans to raise supporting capital from no more than 35 specific investors. The target company focuses on R&D, design and sales of highly integrated motor control chips. This transaction is expected to constitute a major asset restructuring and related transaction, but it does not constitute a restructuring and listing. As of the signing date of the plan, the audit and evaluation of the underlying assets had not been completed, and the transaction price had not yet been determined.

Wuzhou Medical announced that the company plans to purchase 100% of Xuanzhi Electronic Technology Co., Ltd.'s shares held by 34 counterparties including Liu Gang through the issuance of shares and cash payments, and plans to raise supporting capital from no more than 35 specific investors. The target company focuses on R&D, design and sales of highly integrated motor control chips. This transaction is expected to constitute a major asset restructuring and related transaction, but it does not constitute a restructuring and listing. As of the signing date of the plan, the audit and evaluation of the underlying assets had not been completed, and the transaction price had not yet been determined.