Zhongyan Dadi (003001.SZ) has unveiled its strategic intention to acquire a 60% stake in Shenzhen Xinhanyu Precision Technology Co., Ltd., employing a combination of cash purchase and capital injection. Specifically, the plan entails Zhongyan Dadi acquiring a 36% equity interest in Xinhanyu Precision for RMB 90 million, followed by an additional investment of RMB 150 million through a capital increase. Post-transaction, Zhongyan Dadi will command a 37.5% stake in the enlarged share capital of Xinhanyu Precision. Prior to this deal, Xinhanyu Precision was appraised at a valuation of RMB 250 million. As a specialized and innovative entity in the realm of PCB precision drill bits and milling cutters, Xinhanyu Precision boasts a broad spectrum of core products, possesses over 30 patents, and manufactures an impressive 80 million PCB drill bits annually. Notably, its PCB drill bits are capable of achieving a minimum diameter of 0.03mm and an aspect ratio of up to 50 times, coupled with the provision of comprehensive coating process solutions.