On April 17, 2026, Space-Time Technology (stock code: 605178.SH) revealed its strategic move to acquire a complete 100% stake in Jiahe Jingwei. This acquisition will be executed from 19 contracting parties, prominently including Zhang Lili, through a combination of share issuance and cash payment, culminating in a transaction valued at 1.078 billion yuan. Concurrently, the company intends to secure matching funds from its principal shareholder and de facto controller, Gong Dianhai. Jiahe Jingwei specializes in the research and development, design, manufacturing, and distribution of DRAM and Flash memory application products, encompassing memory modules and solid-state drives.
