DETC: Completed the transfer of 25% equity in its affiliated company at a transaction price of approximately 16.73 million yuan

Dongfeng Electronic Technology Co., Ltd. announced that the transaction for the transfer of 25% equity in its affiliated company, Kongsberg Mors Control Systems Co., Ltd., through public listing has been completed. The initial listing price for the equity was set at 16.7283 million yuan, and it was listed on the Shanghai United Assets and Equity Exchange from May 19 to June 16, 2025. On June 18, the buyer was confirmed to be Kongsberg Automotive Components Ltd. Recently, both parties signed the "Equity Transaction Contract," with a transaction price of 16.728325 million yuan, and the buyer has completed the full payment. This transaction is for strategic adjustment needs and does not affect the company's normal operations, the price is fair, and it does not harm the interests of shareholders