Harbin VITI Electronics Co., Ltd. (SHSE:603023) agreed to acquire Suzhou Bridge Electronic Co.,Ltd. from 29 entities including Wang Qing on July 24, 2023. The Management Committee of Lishui Economic Development Zone agrees in principle to this transaction; The transaction plan has been reviewed and approved by the internal competent institutions of other counterparties except Zhongyuan Securities; The transaction plan has been reviewed and approved at the eleventh meeting of the fifth board of directors of the listed company. Decision-making and approval procedures to be performed for this transaction: The formal plan of this transaction still needs to be reviewed and approved by the internal authority of the counterparty; The formal plan of this transaction still needs to be reviewed and approved by the board of directors of the listed company; Lishui Economic Development Zone Management Committee formally approved the transaction plan; The formal plan of this transaction still needs to be reviewed and approved by the general meeting of shareholders of the listed company; This transaction still needs to be approved by the Shanghai Stock Exchange; This transaction still needs to obtain a registration decision from the China Securities Regulatory Commission; This transaction still needs to obtain other necessary approvals or approvals required by relevant laws and regulations (if necessary).