Huadong Heavy Machinery: The acquisition of Ruixin Graphics' equity has completed the payment of the first phase of capital increase and equity transfer funds.

Jinshi Data News on November 7th, Huadong Heavy Machinery announced that the company has completed the first phase of capital increase payment of RMB 9.9 million to Ruixintu Semiconductor, and has paid a total of RMB 24.75 million for the first phase of equity transfer to the transferor. According to the agreement of the protocol, the transferor will use all subsequent equity transfer payments to purchase Huadong Heavy Machinery’s stocks in the Secondary Market, and all stocks will be staked to the entity designated by the listed company according to the agreement, after receiving the equity transfer payment and paying the relevant taxes. As of the date of this announcement, Xu Qinghe has paid a total of RMB 7.3062 million in relevant equity transfer taxes, and purchased 685,000 shares of Huadong Heavy Machinery’s stocks in the Secondary Market through centralized Bidding on November 7, 2024, accounting for 0.07% of the total share capital of the company. The average purchase price was RMB 7.38 per share, and the total transaction amount was RMB 5.0536 million.