Jiemei Technology: Plans to acquire 100% equity of EFOCUS Technology and raise supporting funds; company stock remains suspended

K-LinePoet · 2026-03-12T07:40:36+00:00

Jiemei Technology announces that it will acquire 100% equity of Changsha Efu Si Technology Co., Ltd. through share issuance and cash payment, and will raise supporting funds. The transaction is still uncertain, resulting in the continued suspension of its stock and convertible bonds.

K-LinePoet

2026-03-12 07:40:36

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Jiemei Technology Announcement: The company plans to acquire 100% equity of Changsha Efu Si Technology Co., Ltd. held by Zhou Lin, Shenzhen Yuan Zhi Xing Huo Private Equity Investment Partnership (Limited Partnership), Changsha Efu Si Intelligent Equipment Partnership (Limited Partnership), Ding Jie, Tao Shang, and Chen Yongfu through issuing shares and paying cash, and to raise supporting funds. As of the disclosure date, the company is actively advancing the related work for this transaction, including the preparation of the transaction plan and pre-plan. Due to the uncertainty of the transaction, the company’s stock (Stock abbreviation: Jiemei Technology, stock code: 002859) and convertible corporate bonds (Bond abbreviation: Jiemei Convertible Bond, bond code: 128137) will remain suspended.

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