Hanwei Technology has outlined a strategic plan to utilize approximately RMB 27.9762 million of its internal funds to acquire a 25.699% equity stake in Chongqing Sitaibao. Additionally, the company intends to invest a further RMB 18 million for a capital increase. Upon completion of these transactions, Hanwei Technology's ownership in Chongqing Sitaibao will rise to 35.39%. Through the execution of a "Consensus Action Agreement" with four key shareholders, Hanwei Technology's aggregate shareholding will surge to 52.72%, thereby qualifying Chongqing Sitaibao for inclusion in Hanwei Technology's consolidated financial statements. Chongqing Sitaibao has successfully established China's inaugural domestic production line, capable of producing 10 million thin-film platinum thermal-sensitive chips annually. This production line is characterized by a high degree of localization, with automation and technological sophistication on par with international advanced benchmarks. Its versatile equipment allows for the expansion into multiple product categories, effectively dismantling the foreign monopoly in China's high-end temperature sensor core component market.
