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scatterpoker| Boya Seiko (300971.SZ): It plans to integrate the superior resources of all parties through joint venture holding to establish subsidiaries

Gelonghui May 10 丨 Boya Seiko (300971scatterpoker.SZ) announcedscatterpoker, plans to establish subsidiaries through joint venture holdingscatterpokerWe will integrate the superior resources of all parties and invest with our own funds to establish Xiangyang Boya Intelligent Drive Equipment Technology Co., Ltd.(referred to as "Boya Intelligent Drive"). The registered capital of Boya Intelligent Drive is RMB 2scatterpoker,000 million yuan, of which Boya Seiko subscribed 12 million yuan with its own funds, accounting for 60% of its registered capital. After the completion of this investment, Boya Zhiqu will become a holding subsidiary of Boya Seiko.

scatterpoker| Boya Seiko (300971.SZ): It plans to integrate the superior resources of all parties through joint venture holding to establish subsidiaries

This investment and establishment of a holding subsidiary will help enrich the company's market demand-oriented new product research and development and industrialization system. The target company will focus on integrated equipment products with electric drive technology as the core to provide innovative solutions for industrial equipment upgrades. By establishing a holding company, we can effectively integrate the superior resources of all parties, give full play to the potential of core technical talents, promote business development, accelerate the company's strategic layout, enhance the company's overall competitiveness, and achieve the goal of joint construction, sharing and win-win results.

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