Jingbo Technology to acquire Xinghe Technology via 550M share exchange

Jingbo Technology, Inc.

Jingbo will issue 550,000,000 common shares to Hangdu Technology in exchange for all Xinghe shares.
Xinghe controls Guangzhou Keqiao Technology via VIE; subsidiaries include Keqiao Limited and Keqiao WFOE.
Closing expected as soon as possible, on or before Nov 30, 2024, subject to standard conditions.
After closing, Jingbo will own 100% of Xinghe; no cash consideration involved.
No financial details of Xinghe or valuation disclosed; dilution to existing shareholders.

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