UTIC: Plans to acquire 60% equity of Zhongrentong Testing for 21 million yuan

UTIC announced that the company plans to use its own funds of 21 million yuan to acquire 60% of the equity of Shenzhen Zhongrentong Testing Technology Co., Ltd. After the transaction is completed, Zhongrentong Testing will become a controlling subsidiary of the company and will be included in the company's consolidated financial statements. According to the relevant provisions of the "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 2 - Standard Operation of GEM Listed Companies," and "Administrative Measures for Major Asset Restructuring of Listed Companies," this transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring. This transaction falls within the decision-making authority of the board of directors and does not need to be submitted to the company's shareholders' meeting for deliberation