Due to the re-planning of Cuiheng New District by the Zhongshan Municipal Government, the Cuiheng New District Management Committee sent a letter to Funieng Dongfang Equipment Technology Co., Ltd. on April 17, 2023, requesting the compensated acquisition of the industrial land usage rights owned by the company in Nanlang Town, Zhongshan. Recently, the company received a letter titled "Letter on Determining the Compensation Price for the Acquisition of Industrial Land by Funieng Dongfang," in which the Cuiheng New District Management Committee has determined a total compensation price of 99.955576 million yuan approximately for the acquisition of land usage rights in Zhongshan. On May 22, 2023, the shareholder Super Component (H.K) submitted a written proposal request the Board of Directors to submit the "Proposal on the Plan to Accept Paid Purchase and Storage of Smart Songde (Zhongshan) Intelligent Equipment Industrial Park Project" as an interim proposal for consideration at the company's second extraordinary shareholders' meeting in 2023.