Sichuan Furong Technology (SH:603327) Zheng Quan Zhi Xing·2025-06-30 16:28Core Viewpoint - The acquisition report outlines the acquisition of Sichuan Furong Technology Co., Ltd. by Fujian Provincial Industrial Holding Group Co., Ltd. through a non-compensatory transfer of state-owned equity, which will result in the latter becoming the indirect controlling shareholder of Furong Technology [1][2]. Group 1: Acquisition Details - The acquisition involves the transfer of 80% equity of Fujian Metallurgy (Holding) Co., Ltd. to Fujian Provincial Industrial Holding Group, leading to the latter indirectly controlling 65.72% of the voting rights in Furong Technology [2][10]. - The acquisition is in line with the strategic restructuring and professional integration of state-owned enterprises in Fujian Province, as directed by the local government [8][10]. - The acquisition does not change the direct controlling shareholder or actual controller of Furong Technology, which remains Nanping Aluminum Industry [8][10]. Group 2: Regulatory Compliance - The acquisition complies with the provisions of the "Measures for the Administration of Acquisitions of Listed Companies," allowing the acquirer to be exempt from making a public offer due to the nature of the equity transfer [10][11]. - Necessary legal procedures have been followed, including the approval from the Fujian Provincial Government for the establishment of Fujian Provincial Industrial Holding Group [9][10]. Group 3: Financial and Operational Status - Fujian Provincial Industrial Holding Group was established on May 27, 2025, and has not yet commenced actual business operations [5][6]. - As of the report date, the acquirer has no financial data available due to its recent establishment [6][10]. Group 4: Future Plans and Commitments - There are no immediate plans for increasing or disposing of shares in Furong Technology within the next 12 months following the acquisition [8][11]. - The acquirer has committed to maintaining the independence of Furong Technology in terms of assets, personnel, finance, and operations post-acquisition [14][17].