Kyland Technology has issued a public notice, stating its intention to purchase a full 100% stake in Gaowei Technology. The acquisition will be carried out by acquiring shares from 43 trading partners, among whom are Zhang Xun and Liu Xinping. The transaction will be executed through a combination of share issuance and cash payments. Furthermore, Kyland Technology plans to issue shares to a maximum of 35 specific investors to raise supplementary capital.

This strategic acquisition is primarily aimed at boosting the localization rate of core control technologies within the equipment manufacturing industry, with a particular focus on the high-end equipment manufacturing sector. It is expected to expedite the transformation and upgrading process of China's new industrialization landscape. Additionally, the move is designed to bridge the capability gaps that Kyland Technology currently faces in providing comprehensive solutions. By doing so, it will facilitate the company's transition from merely supplying products to offering complete solution packages and systematic service models.

This transaction is anticipated to constitute a significant asset restructuring event. Consequently, the company's stock is scheduled to resume trading on November 3, 2025.