Flower King Eco-Engineering(SH:603007) Zheng Quan Zhi Xing·2025-08-22 13:12Group 1 - The company is acquiring a 50.11% stake in Anhui Niwei Automotive Power System Co., Ltd. through cash payment, along with an additional 5.39% stake via public transfer [1][2] - The acquisition was approved by the company's fourth extraordinary general meeting on August 1, 2025, and is currently in the process of completion [1][2] - The acquisition's implementation subject has been changed to Suzhou High-tech Zone Chenshun Haojing Management Consulting Co., Ltd. to enhance efficiency and expedite the equity transfer [2][3] Group 2 - The agreements related to the acquisition include the "Equity Transfer Agreement" and the "Supplementary Agreement," which outline the rights and obligations of the parties involved [2][3] - The payment structure for the transaction has been adjusted, with a new joint account to be established for managing the funds [4][5] - The agreements stipulate performance commitments, with specific payment terms based on the financial performance of Niwei Power in the years 2025 to 2027 [6][8] Group 3 - The change in the implementation subject does not materially affect the company's consolidated financial statements or harm the interests of the listed company and minority shareholders [3] - The agreements require the completion of business registration changes following the fulfillment of certain conditions, including tax payment and governance structure compliance [7][8] - The board of directors has approved the matters without the need for further shareholder meeting deliberation [8]