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Dongshan Precision Acquires 73.4393% Stake in Jiangsu Huacun for Up to RMB 580.54 Million

PUBT·11/06/2026 12:29:09
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Dongshan Precision Acquires 73.4393% Stake in Jiangsu Huacun for Up to RMB 580.54 Million
  • Suzhou Dongshan Precision Manufacturing acquired a 73.44% stake in Jiangsu Huacun through equity transfers and a capital increase for up to RMB 580.54 million.
  • Consideration comprises RMB 435.58 million in base payments, with up to RMB 144.96 million contingent on product development and customer milestones.
  • The acquisition completed on October 16, 2026, supporting expansion into enterprise SSDs aligned with the group's AI data center infrastructure strategy.
  • Four minority investments totaled RMB 205.39 million; all five transactions were funded entirely from internal resources.
  • The transactions were omitted from the October 20, 2026, prospectus, breaching listing rules because of oversight and misunderstanding of disclosure requirements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suzhou Dongshan Precision Manufacturing Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261106-12404576), on November 06, 2026, and is solely responsible for the information contained therein.