Recently, Beijing Hollysys Motor Technology Co., Ltd. (referred to as "Hollysys Motor") signed a "Memorandum of Understanding on Acquisition Intentions" with Yifan Transmission (Stock Code: 301023). This transaction is still in the planning stage, and the final plan will be subject to Yifan Transmission's official announcement. This cooperation originated from Hollysys Motor's strong capabilities and represents a precise alignment of both parties' strengths. As a listed enterprise specializing in micro and special reducer motors, Yifan Transmission complements Hollysys Motor effectively, laying a solid foundation for joint development.

Since its establishment in 2000, Beijing Hollysys Motor has consistently focused on the field of motion control, building robust technical barriers and continuous innovation capabilities. As one of the first National High-Tech Enterprises, the company has achieved breakthroughs in core technologies through dozens of patents and software copyrights. Notably, the successful R&D and application of its low-voltage servo hub motor system has positioned the company as a pioneer in the low-voltage servo direct-drive market for wheeled walking robots. In 2025, the company successfully passed the re-evaluation for the National Specialized, Refinement, Uniqueness, and Innovation ("Zhuan Jing Te Xin") "Little Giant" designation, demonstrating its industry-leading value through solid capabilities.

Market expansion is progressing comprehensively, attracting collaboration from leading clients. Leveraging its strong technical expertise, Hollysys Motor has continuously expanded its market presence, achieving stable high growth in performance and establishing core competitiveness across multiple sectors including robotics, textile machinery, and entertainment facilities.

Rapid growth has attracted capital attention, while strategic cooperation aims for mutual benefit. In recent years, with the rapid development of emerging fields such as wheeled humanoid robots, Hollysys Motor has entered a high-quality growth fast lane. To further leverage its technological advantages and expand development opportunities, the company has engaged in cooperation discussions with multiple listed enterprises. After comprehensive evaluation, it has reached a preliminary cooperation agreement with Yifan Transmission. This collaboration represents Hollysys Motor's proactive strategic move to combine strengths, accelerate core technology industrialization and business growth, and achieve resource complementarity and synergistic win-win outcomes.

This cooperation agreement reflects Yifan Transmission's high recognition of Hollysys Motor's 25 years of technical accumulation and market expansion achievements. Following the partnership with Yifan Transmission, Hollysys Motor will maintain independent operations, with no changes to its corporate structure, core technical teams, or business direction. The company's capabilities in product manufacturing, technical support, and service will be enhanced. Hollysys Motor will remain committed to its original mission of technological innovation, continuously improving product supply capabilities and service quality to deliver superior motion control solutions for customers and inject stronger momentum into industry development.

Introduction to Yifan Transmission: Established in 1993 and listed on the Shenzhen Stock Exchange in July 2021, Yifan Transmission specializes in the R&D, production, and sales of customized micro and special reducer motors. Its core product portfolio covers diverse application scenarios, including energy storage gear motors for power transmission and distribution industries, RV-compatible gear motors, photovoltaic tracking system support motors, linear actuator motors, and cleaning robot motors. With 30 years of industry expertise and innovation capabilities, the company has become a strategic partner and industry-leading integrated solution provider for numerous renowned global enterprises, including Siemens, Schneider, ABB, and Eaton.