Mingyang Smart (601615.SH) has made an announcement revealing its intention to acquire a full 100% equity stake in Zhongshan Dehua Chip Technology Co., Ltd. This acquisition will be executed through a combination of share issuance and cash payment. Additionally, the company plans to raise supporting funds (Here, “supporting funds” is used for clarity, though “matching funds” may also fit depending on the precise financial setup). The target company, Zhongshan Dehua Chip Technology Co., Ltd., is a specialist in the research, development, and industrialization of products pertinent to the photovoltaic industry. It boasts the capability to offer holistic solutions for power systems, with its product range spanning the entire photovoltaic industry chain.

Once the transaction is finalized, both Mingyang Smart and Zhongshan Dehua Chip Technology Co., Ltd. will embark on collaborative research and development endeavors in fields such as energy management systems. This collaboration is aimed at bolstering the listed company's overall competitiveness within the photovoltaic sector. Furthermore, trading of Mingyang Smart's shares is scheduled to recommence on January 23, 2026, at the opening bell of the market.