Weigao High-Tech announced its intention to issue shares to acquire 100% of the equity in Weigao Purui held by Weigao Co., Ltd., Weihai Shengxi, and Weihai Ruiming, with a transaction price of 8.511 billion yuan. Upon completion of this transaction, Weigao Purui will become a wholly-owned subsidiary of the listed company, significantly enhancing the listed company’s asset scale and profitability.