HHCK(SH:688535) Zheng Quan Zhi Xing·2025-07-11 12:17Summary of Key Points Core Viewpoint - The company Jiangsu Huahai Chengke New Materials Co., Ltd. plans to acquire 70% equity of Hengsuo Huawei Electronics Co., Ltd. through the issuance of shares, convertible bonds, and cash payment, while raising supporting funds. Group 1: Transaction Overview - The transaction involves the acquisition of 70% equity of Hengsuo Huawei Electronics Co., Ltd. from 13 shareholders, including Shaoxing Shuhui Trading Co., Ltd. [1][11] - The main business of Hengsuo Huawei is the research, production, and sales of epoxy encapsulation materials for semiconductor chips [11]. - The transaction is classified as a major asset restructuring and is expected to create synergies with the company's existing operations [11]. Group 2: Financial Details - The estimated transaction price for the acquisition is set at 112 million yuan, with a market valuation of 165.8 million yuan for the 70% equity stake, reflecting an increase of 321.98% [11]. - The payment structure includes cash and shares, with specific details on the issuance of shares and convertible bonds to be determined based on market conditions [11][13]. Group 3: Regulatory Compliance - The company and its management have committed to ensuring the accuracy and completeness of the information disclosed in the transaction documents, taking legal responsibility for any misrepresentation [2][3]. - The independent financial advisor, legal counsel, and auditing firm have confirmed the authenticity of the information provided in the transaction report [4][5].