Ousheng Electric announced that the company completed the acquisition of 100% of the shares in Producteers International GmbH in Germany in March 2025. After friendly negotiations with the seller of the transaction, it is proposed to adjust the 2026 and 2027 contingent consideration, payment time, competition restrictions and tax matters in the original “Equity Purchase Agreement” to optimize post-investment management, improve the efficiency of cross-border operations and decision-making, and accelerate industrial synergy. The bill was reviewed and passed by the 5th meeting of the fourth board of directors of the company.

Ousheng Electric announced that the company completed the acquisition of 100% of the shares in Producteers International GmbH in Germany in March 2025. After friendly negotiations with the seller of the transaction, it is proposed to adjust the 2026 and 2027 contingent consideration, payment time, competition restrictions and tax matters in the original “Equity Purchase Agreement” to optimize post-investment management, improve the efficiency of cross-border operations and decision-making, and accelerate industrial synergy. The bill was reviewed and passed by the 5th meeting of the fourth board of directors of the company.