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Hongban Technology: Subsidiary successfully bids for 100% equity of Jiangxi Zhihao, facilitating rapid expansion of the company's PCB production capacity
Hongban Technology Announcement: The company’s subsidiary, Ji’an Huiyang Electronics Co., Ltd., successfully bid for 100% equity of Jiangxi Zhihao Electronic Technology Co., Ltd. through the JD Asset Trading Platform, with a transaction price of 419 million yuan. This successful auction aligns with the company’s strategic development plan, helps to quickly expand the company’s PCB production capacity, and improve industrial layout; it facilitates the integration of Jiangxi Zhihao’s existing production capacity, customers, and technological resources, enhancing the company’s market competitiveness; it supports the implementation of the company’s capacity expansion plan in the mid-to-high-end printed circuit board field, and strengthens sustainable profitability.