BRETON (01333) announced that on May 11, 2026, the company, Mr. Chen Fangming, Mr. Liu Yan, the transferors Mr. Chen Jie and Mr. Zhang Shuai, Yunbuluo Yijin, and the target company jointly signed the "Equity Transfer Agreement for Shanghai Xingmiao Photoelectric Technology Co., Ltd." The company agreed to use its own funds of RMB 13.997632 million to acquire a 6.8281% equity stake in the target company held by Yunbuluo Yijinchuang. Concurrently, Mr. Chen Fangming agreed to acquire a total of 4.0% equity in the target company held by Mr. Chen Jie and Mr. Zhang Shuai for RMB 8.2 million (specifically: acquiring a 2.8% stake from Mr. Chen Jie for RMB 5.74 million and a 1.2% stake from Mr. Zhang Shuai for RMB 2.46 million). Xingyuan Zhisheng agreed to acquire a total of 2.0488% equity in the target company held by Mr. Zhang Shuai and Yunbuluo Yijin for RMB 4.2 million (specifically: acquiring a 1% stake from Mr. Zhang Shuai for RMB 2.05 million and a 1.0488% stake from Yunbuluo Yijin for RMB 2.15 million). Mr. Liu Yan agreed to acquire a 3.5% equity stake in the target company held by Yunbuluo Yijin for RMB 7.175 million. Upon completion of this acquisition, the company will hold a 6.8281% stake in the target company, which will become an associate company of the company. Its financial performance will not be consolidated into the group's consolidated financial statements. The target company possesses self-developed core technologies, including picosecond-level time measurement chips, single-photon detection, and LiDAR. These technologies can directly enhance the high-precision ranging, environmental perception, autonomous obstacle avoidance, and positioning navigation capabilities of the company's autonomous electric mining trucks, significantly improving intelligence and safety. This investment is conducive to strengthening the company's strategic layout in core technologies such as intelligent new energy equipment, photoelectric sensing, quantum precision measurement, and LiDAR. It will also help refine the company's solutions for autonomous electric mining trucks and enhance its technological barriers and product competitiveness in smart mining scenarios.