Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. (SZSE:300265) agreed to acquire Sichuan Tongguang Cable Co., Ltd. from Tongguang Group Company Limited, Huang Yongping and Xu Zhenjiang for CNY220 million on December 22, 2023. On December 22, 2023, the company held the 35th meeting of the fifth Directorate and the 26th meeting of the fifth Supervisory board, respectively reviewing and passing the "Proposal on the acquisition of Assets from Controlling Shareholder and Related Transactions". The transaction is subject to shareholders?

approval.