Eston (002747.SZ) plans to acquire the holding subsidiary Aston Jiangsu Smart's shares and increase its shareholding to 95%

According to Zhitong Finance App News, Eston (002747.SZ) announced that the company plans to transfer 19.4574% and 3.7834% of the shares of Eston Intelligent Technology (Jiangsu) Co., Ltd. (“Aston Jiangsu Smart”) held by the National Manufacturing Transformation and Upgrading Fund Co., Ltd. and China State-owned Enterprise Mixed Ownership Reform Fund Co., Ltd., respectively, through the Shanghai Joint Stock Exchange. The reserve prices for listing and transfer transactions are RMB 211 million and RMB 40.25 million respectively. At the same time, the company plans to transfer 21.6193% of Aston Jiangsu Smart's shares held by the General Technology High-end Equipment Industry Equity Investment (Tongxiang) Partnership (Limited Partnership) through an agreement transfer. After the transaction is completed, the company's shareholding ratio in Aston Jiangsu Smart will increase from 50.1506% to 95.0107%.

Eston Jiangsu Intelligence is mainly engaged in the automation, digitalization and intelligent transformation of production lines, providing intelligent manufacturing solutions for the lithium battery, energy storage, new energy vehicle, sheet metal and other markets, setting an industry technical benchmark for the company's core automation components and robot products to achieve large-scale application scenarios. At present, it has delivered more than 100 intelligent production lines, continuously empowering the development of the intelligent manufacturing industry. The transaction is conducive to deepening business collaboration, management collaboration and resource coordination between the company and Eston Jiangsu Intelligence, strengthening the Group's control and strategic implementation, improving the efficiency of overall management decisions, further consolidating the company's core competitiveness in the field of intelligent manufacturing, helping the company achieve high-quality development, and in line with the company's goal of improving quality and efficiency and long-term steady development strategy.