According to CoinMeta, Yue Hongyuan A announced that the company intends to acquire 100% of the equity of Shenzhen Jinwangda Electromechanical Co., Ltd. in cash for a transaction price of 550 million yuan. The transaction was reviewed and approved at the seventh meeting of the company's twelfth board of directors and the formal 'Equity Transfer Agreement' was signed with the transferor on November 11, 2026. Upon completion of the transaction, Jinwangda will become a wholly-owned subsidiary of Yue Hongyuan A and will be included in the consolidation scope. The funds for the transaction will come from the company's own funds and self-raised capital, and no shares will be issued as part of the deal.