According to CoinMeta, Yunji Group announced that the company intends to pay 182 million yuan in cash to acquire 40.9993% of the equity in Shenzhen Ruibo Automation Equipment Co., Ltd. The company previously acquired 10.0007% of the equity in Shenzhen Ruibo through capital increase. After this acquisition is completed, it will hold 51% of the equity, and Shenzhen Ruibo will become a controlled subsidiary of the company and be included in the consolidated financial statements. Together with the previous capital increase of 44.4444 million yuan, the total amount paid for acquiring 51% of the equity in the target company amounts to 227 million yuan, with the funds coming from the company's own funds and self-raised capital. This transaction has been approved at the 45th meeting of the company's fifth board of directors and does not require review by the shareholders' meeting; it does not constitute a related-party transaction or a major asset reorganization.