Cheetah Net Supply Chain Service Inc. officially signed a stock purchase agreement with Bing Shao and Edward Transit Express Group on March 25, 2026.

This transaction information has been publicly disclosed through documents filed with the U.S. Securities and Exchange Commission (SEC). The signing of this agreement marks the transition of deep capital-level cooperation between all parties into a substantive phase. According to the content of the SEC-disclosed documents, the stock purchase agreement involves specific equity transaction terms and execution details, but the documents do not further disclose the concrete financial terms or equity ratio of the transaction. Market analysts pointed out that such strategic equity partnerships can typically help companies optimize resource allocation and expand their business networks. However, the ultimate impact of the agreement still depends on subsequent cooperation progress and market response.