Wise Living Technology Co., Ltd has announced a new connected transaction involving the purchase of machineries. On 6 June 2025, the company, through its indirect non wholly-owned subsidiary Shuozhou City Renewable Energy Thermal Company Limited, entered into a Sales and Purchase Agreement with Jiangsu Shuangliang Bangji Electronics Co., Ltd. Under this agreement, Wise Living Technology will acquire specified units of energy-saving electromagnetic switch motors for a consideration of RMB4,500,000. This transaction follows previous agreements made in February 2025 with other subsidiaries for similar purchases of machineries, emphasizing the company's ongoing commitment to energy-efficient technologies.
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