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Xindao Technology: Plans to purchase 100% equity of Jishun Technology and 17.15% equity of Shunlei Technology for 403 million yuan
Xindao Technology Announcement: The company plans to issue convertible corporate bonds and pay cash to Shengfeng, Li Hui, Huang Song, Wang Qingsong, and Shunlei Youcai to acquire 100% equity of Jishun Technology and 17.15% equity of Shunlei Technology, thereby directly and indirectly holding 100% equity of Shunlei Technology, achieving 100% control over Shunlei Technology, and raising supporting funds. The transaction price is 403 million yuan. The supporting funds raised will not exceed 50 million yuan, used for paying part of the cash consideration for this transaction, intermediary agency fees, etc.