TDH: Acquired 40% equity in Jiangsu Su Fu Da for cash, with a transaction price of 25.64 million yuan

TDH announced that the company will acquire 40% of Jiangsu Sufuda Data Technology Co., Ltd. for cash, with a total acquisition price of RMB 25.64 million, funded by the company's own funds. Upon completion of this transaction, Jiangsu Sufuda will become a wholly-owned subsidiary of the company. This transaction constitutes a related party transaction but does not constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies." This transaction has been approved by a special meeting of the company's independent directors and the 20th meeting of the second board of directors, and does not require submission to the shareholders' meeting for approval. As of the date of this announcement, the transaction has received approval from the shareholders' meeting of the target company, and all parties have signed the "Equity Transfer Agreement," pending the completion of industrial and commercial change registration