Bailey Technology announced that its related party, Peller Group, plans to sign a “gift agreement” with its wholly-owned subsidiary Yueyang Baiying to give away 10% of its shares in Paille Nami to Yueyang Baiying free of charge. The transaction is zero-consideration, irrevocable, and has been approved by the board of directors and a special meeting of independent directors. It is expected to increase the company's net assets, but the impact is uncertain because the data has not been audited. Furthermore, from the beginning of the year until December 23, the actual amount of daily related transactions between the company and related party Pyler Nano and its holding company was 43.666 million yuan.

Bailey Technology announced that its related party, Peller Group, plans to sign a “gift agreement” with its wholly-owned subsidiary Yueyang Baiying to give away 10% of its shares in Paille Nami to Yueyang Baiying free of charge. The transaction is zero-consideration, irrevocable, and has been approved by the board of directors and a special meeting of independent directors. It is expected to increase the company's net assets, but the impact is uncertain because the data has not been audited. Furthermore, from the beginning of the year until December 23, the actual amount of daily related transactions between the company and related party Pyler Nano and its holding company was 43.666 million yuan.