Intend to acquire 100% equity of Aifusi, Jiemi Technology will suspend trading starting March 3.

Beijing Business Daily (Reporter Ma Huanchang, Li Jiaxue) reported on the evening of March 2nd that Jiemi Technology (002859) announced that the company is planning to purchase 100% equity of Changsha Efuosi Technology Co., Ltd. (hereinafter referred to as “Efuosi”) through issuing shares and paying cash, as well as raising supporting funds. The company’s stock has been suspended from trading since March 3rd.

The announcement shows that this transaction is still in the planning stage. The preliminary identified transaction counterparts include shareholders Zhou Lin, Shenzhen Yuanzhi Xinghuo Private Equity Investment Partnership (Limited Partnership), Changsha Efuosi Intelligent Equipment Partnership (Limited Partnership), Ding Jie, Tao Shang, and Chen Yongfu. The scope of the transaction counterparts has not been finalized yet; the final determination will be based on information disclosed in subsequent restructuring plans or restructuring reports. This transaction is not expected to constitute a major asset reorganization or an associated transaction.

Efuosi’s official website indicates that the company is a high-tech enterprise integrating independent research and development, production, and sales, focusing on ultra-precision optical processing intelligent equipment and its processes. Based on high-end optical manufacturing equipment and processing technology, the company combines equipment R&D, precision optical processing, and other technologies and capabilities to provide customers with products and solutions for mid-to-high-end optical systems.

Jiemi Technology stated that the company expects to disclose the transaction plan within no more than 10 trading days, that is, by March 17, in accordance with relevant requirements.