Landun Photonics Plans RMB 1.35 Billion Acquisition of Suzhou Lanchuang's Full Equity, Along with Matching Fundraising
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Author:小编   

Landun Photonics has announced plans to acquire 100% of Suzhou Lanchuang Technology from seven counterparties, including Zheng Yanfei, through a combination of share issuance and cash payment. The total consideration is RMB 1.35 billion, comprising RMB 608 million in cash and RMB 742 million in shares. Concurrently, the company will issue shares to no more than 35 specific investors to raise up to RMB 700 million in matching funds. The target company primarily focuses on the R&D and manufacturing of high-performance vacuum coating equipment, and reported revenue of RMB 262 million and net profit of RMB 147 million for the period from January to August 2026. This transaction constitutes both a related-party transaction and a major asset restructuring, though it does not amount to a restructuring listing.