State Grid achieves 100% ownership of Yili Technology

State Grid Information & Communication Co., Ltd. announced that it has successfully completed the industrial and commercial registration procedures for acquiring 100% equity of State Grid Xintong Yili Technology Co., Ltd. ("Yili Technology"). The company has received a "Registration Notice" and a new "Business License" from the Xiamen Municipal Market Supervision Administration. Following the completion of the registration on June 26, 2025, Yili Technology is now a wholly-owned subsidiary of State Grid Information & Communication. The acquisition, previously approved at board and shareholder meetings in May and June 2025 respectively, involved a registered capital of CNY 40,960.00 thousand.