Beijing Haohan Data Technology Co.,Ltd (SHSE:688292) signed a letter of intent to acquire 35% stake in Beijing Guorui Digital Intelligence Technology Co., Ltd. from Su Changjun on July 6, 2024. As part of the transaction, Beijing Guorui Digital Intelligence Technology has been valued at CNY 360 million. The transaction is conditional upon approval of other government departments, the target company, the transferor and other relevant parties shall coordinate and cooperate with the lawyers, accountants, appraisers and other intermediary institutions hired by the acquirer to conduct due diligence, audit and evaluation, there are no material issues and contingent/pending matters that may affect the continued operation of the target company and its subsidiaries, and there are no obstacles that may affect the transaction, the information provided by the target company (and its designated representative) and the transferor to the acquirer and its entrusted agency and designated representative is comprehensive, true, accurate and complete, and does not contain any false records, misleading statements or material omissions in all material aspects, the target company and the transferor have proposed feasible solutions to the problems found in the due diligence, audit and evaluation according to the requirements of the acquirer, and have made corresponding statements, warranties and commitments in the formal transaction documents, the target company and the transferor have optimized and adjusted the target company's equity structure through equity repurchase, transfer, etc., and the adjusted target company's equity structure satisfies the acquirer, the formal transaction documents reached by all relevant parties regarding this transaction have been signed and come into effect, the target company's shareholders meeting has reviewed and approved the transaction, the target company's other shareholders have agreed to waive their preemptive right to purchase the target's equity, and the target company's shareholders have signed new articles of association approved by the acquirer, the internal authority of the acquirer has reviewed and approved the transaction, there have been no material changes in the assets, liabilities, businesses, qualifications and personnel of the target company, and there are no events, actions or changes that have or are reasonably foreseeable to have a material adverse effect on the assets, liabilities, businesses, qualifications, personnel and normal operations of the target company and the consent and approval (if necessary) from other government departments or securities regulatory authorities involved in this transaction have been obtained.