Wingtech Technology announced that the company has signed a "Sale Intent Agreement" with Luxshare Co., Ltd., intending to transfer the equity and operating assets of 9 target companies related to the product integration business to Luxshare Limited or its designated party. This transaction does not involve the company's semiconductor business, the transaction method is cash payment, does not constitute a related transaction, and will not lead to changes in the controlling shareholder and actual controller. The transaction is expected to constitute a major asset reorganization, and the total amount of the target assets and net assets do not exceed 50% of the company's most recent audited consolidated financial statements, but the operating income exceeds 50%. The transaction plan still needs further demonstration and negotiation, and the scope of the final transaction target assets will be determined by the signing of a formal agreement by both parties after due diligence, audit, and evaluation.