Zhitong Finance App News, Tianan New Materials (603725.SH) announced that the company plans to acquire 62.5% of the shares of Shenzhen Jiawanguang Communications Co., Ltd. (“Jiawanguang”) through capital increase and share transfer. According to preliminary estimates, based on an overall valuation of 400 million yuan of 100% of the target company's shares, the total amount of this capital increase and share acquisition is 250 million yuan. Of these, the company plans to increase Jiawanguang's cash capital by 70 million yuan and acquire 17.5% of Jiawanguang's shares after the capital increase; the company plans to transfer 45% of Jiawanguang's shares held by the original shareholders of Jiawanguang after this capital increase. The share transfer consideration is tentatively set at 180 million yuan. After the transaction is completed, Jiawanguang will become a holding subsidiary of the company and will be included in the scope of the company's consolidated statements.

Zhitong Finance App News, Tianan New Materials (603725.SH) announced that the company plans to acquire 62.5% of the shares of Shenzhen Jiawanguang Communications Co., Ltd. (“Jiawanguang”) through capital increase and share transfer. According to preliminary estimates, based on an overall valuation of 400 million yuan of 100% of the target company's shares, the total amount of this capital increase and share acquisition is 250 million yuan. Of these, the company plans to increase Jiawanguang's cash capital by 70 million yuan and acquire 17.5% of Jiawanguang's shares after the capital increase; the company plans to transfer 45% of Jiawanguang's shares held by the original shareholders of Jiawanguang after this capital increase. The share transfer consideration is tentatively set at 180 million yuan. After the transaction is completed, Jiawanguang will become a holding subsidiary of the company and will be included in the scope of the company's consolidated statements.