Kai Electric announced that China Railway Communications Signal Group Co., Ltd., the shareholder holding 5% or more of the company's shares, plans to transfer 366.8869 million shares of the company through a public solicitation and transfer agreement, accounting for about 11.46% of the total share capital. The nature of the shares is tradable shares with unlimited sales conditions. According to a letter from Tonghao Group, it has determined that Jiadu Technology is the transferee of this public solicitation and transfer. The two parties have signed a “Share Transfer Agreement”, which has already entered into force.

Kai Electric announced that China Railway Communications Signal Group Co., Ltd., the shareholder holding 5% or more of the company's shares, plans to transfer 366.8869 million shares of the company through a public solicitation and transfer agreement, accounting for about 11.46% of the total share capital. The nature of the shares is tradable shares with unlimited sales conditions. According to a letter from Tonghao Group, it has determined that Jiadu Technology is the transferee of this public solicitation and transfer. The two parties have signed a “Share Transfer Agreement”, which has already entered into force.