Yanjiang Co., Ltd. has revealed its strategic plan to acquire a substantial 98.54% stake in Yongqiang Technology. This acquisition will be executed through a combination of share issuance and cash payment. To facilitate this move, the company intends to raise matching funds by issuing shares to Xiamen Yansheng and Xie Jihua. Following these developments, the company's stock trading is set to resume.

Before this significant transaction, Yanjiang Co., Ltd. was predominantly involved in the research, development, production, and sales of surface materials tailored for disposable hygiene products. Its main product lineup included perforated non-woven fabrics, PE perforated films, and hot-air non-woven fabrics, catering to a specific market segment.

In contrast, Yongqiang Technology has carved out a niche for itself in the high-end electronic information interconnection materials sector, specifically targeting integrated circuits. Its core offerings encompass high-performance copper-clad laminates and prepregs, which are essential components in the electronics industry.