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Ke Chuang Xin Yuan: Plans to acquire no more than 60% equity of Dongguan Zhaoke
Innovation Source Announcement: The Company has entered into a “Equity Acquisition Framework Agreement” with Thermazig Limited and Dongguan Zhaoke. The Company and its Hong Kong subsidiary plan to acquire, by cash, Dongguan Zhaoke held by Thermazig Limited (including Kunshan Zhaoke and other related entities) and Zhiyong Technology held by Liao Zhisheng (including the reorganized Zhaoke Technology and Zhaoke Vietnam), in an aggregate of no more than 60% of the equity interest. Upon completion of this transaction, the Company will obtain control over the target company.