Hengwei Technology (603496) has officially declared that, on June 23, 2026, it entered into an investment pact with Shanghai Shuheng Information Technology Co., Ltd., along with its current shareholders. According to the plan, Hengwei Technology intends to leverage its internal resources and self-generated funds, amounting to a total of RMB 437 million, to acquire a 49.3667% equity interest in Shuheng Technology. Additionally, it will inject a further RMB 30 million as a capital increase. Following the completion of this transaction, Hengwei Technology is set to possess a controlling 51% stake in Shuheng Technology. The deal encompasses performance pledges, mandating Shuheng Technology to attain net profits of at least RMB 72 million, RMB 96 million, and RMB 114 million for the fiscal years 2026, 2027, and 2028, respectively. This transaction has already received the green light from the 16th meeting of the fourth session of Hengwei Technology's board of directors and now awaits the final nod from the shareholders' meeting.
