Time and Space Technology announced that the company plans to acquire 100% of the shares of Shenzhen Jiahe Jinwei Electronic Technology Co., Ltd. by issuing shares and paying cash, and raise supporting funds from Gong Dianhai, the controlling shareholder and actual controller of the company. This transaction is expected to constitute a major asset restructuring, a related transaction, and not a restructuring and listing. The company met with the board of directors and board of supervisors on October 22, 2025 to review and pass the relevant bill, received an inquiry letter from the Shanghai Stock Exchange on October 30, and completed the response and plan revision on November 13. As of the announcement date, the relevant audit and evaluation work has not been completed, and the company will once again meet the board of directors to review it.

Time and Space Technology announced that the company plans to acquire 100% of the shares of Shenzhen Jiahe Jinwei Electronic Technology Co., Ltd. by issuing shares and paying cash, and raise supporting funds from Gong Dianhai, the controlling shareholder and actual controller of the company. This transaction is expected to constitute a major asset restructuring, a related transaction, and not a restructuring and listing. The company met with the board of directors and board of supervisors on October 22, 2025 to review and pass the relevant bill, received an inquiry letter from the Shanghai Stock Exchange on October 30, and completed the response and plan revision on November 13. As of the announcement date, the relevant audit and evaluation work has not been completed, and the company will once again meet the board of directors to review it.