According to the Zhitong Finance App, Pan Asia Weituo (688386.SH) announced that the company is planning to purchase a total of 54.089% of the shares held by Zhang Yuqian and other shareholders of Tianjin Tianyuan Electric Materials Co., Ltd. (“Tianyuan Electric”) through cash payment to obtain a controlling interest in Tianyuan Electric. On July 17, 2026, the company signed an “Intentional Share Acquisition Agreement” with Zhang Yuqian, the actual controller of Tianyuan Electric. The agreement signed this time is an intentional agreement. The final transaction plan, such as the share acquisition ratio and transaction price, is determined by further negotiations between the parties to the transaction, and is subject to the formal agreement signed by the parties. The value of 100% of the target company's shares is tentatively set at 2-3 billion yuan.

According to the Zhitong Finance App, Pan Asia Weituo (688386.SH) announced that the company is planning to purchase a total of 54.089% of the shares held by Zhang Yuqian and other shareholders of Tianjin Tianyuan Electric Materials Co., Ltd. (“Tianyuan Electric”) through cash payment to obtain a controlling interest in Tianyuan Electric. On July 17, 2026, the company signed an “Intentional Share Acquisition Agreement” with Zhang Yuqian, the actual controller of Tianyuan Electric. The agreement signed this time is an intentional agreement. The final transaction plan, such as the share acquisition ratio and transaction price, is determined by further negotiations between the parties to the transaction, and is subject to the formal agreement signed by the parties. The value of 100% of the target company's shares is tentatively set at 2-3 billion yuan.