Zhongyan Technology announced that the company is planning to acquire a 60% equity stake in Shenzhen Xinhuanyu Precision Engineering Technology Co., Ltd. through a combination of cash capital increase and equity transfer. The transaction is not expected to constitute a major asset restructuring. The matter is still in progress and subject to significant uncertainty. The company's stock price deviation over three consecutive trading days on July 10, 13, and 14, 2026 exceeded 20%, which constitutes abnormal stock trading volatility. Upon verification, apart from the aforementioned acquisition, there are no other material matters that should be disclosed but have not been disclosed by the company, its controlling shareholder, or the actual controller.
Zhongyan Technology Co LtdPlans to acquire 60% stake in Shenzhen Xinhuanyu Precision Engineering, but deal is uncertain and not yet completed.