Up-shine Lighting (SZ:301362) Zheng Quan Ri Bao Zhi Sheng·2026-01-18 12:42Group 1 - The core point of the article is that Shenzhen Minbao Optoelectronics Co., Ltd. is planning to acquire 100% equity of Xiamen Xizhi Precision Technology Co., Ltd. and Jiangxi Maida Intelligent Technology Co., Ltd. through a combination of issuing shares and cash payment, with the transaction expected to be disclosed by February 2, 2026 [1][2] - The target companies, Xizhi Precision and Maida Intelligent, focus on the research, production, and sales of micro-drilling needles, which are essential consumables in the PCB manufacturing sector [1] - PCB drilling needles are critical for creating precise holes in circuit boards, enabling stable connections for electronic components, thus serving as fundamental devices for signal transmission and functional integration in PCBs [1] Group 2 - Minbao Optoelectronics has signed a letter of intent for acquisition with the controlling shareholder of the target companies, Xiamen Maida Intelligent Technology Co., Ltd., and the transaction price will be based on evaluations from an asset appraisal agency [2] - Minbao Optoelectronics is a high-tech enterprise focused on the green lighting sector, primarily engaged in the R&D, design, manufacturing, sales, and service of LED lighting products [2] - The company reported a 50% year-on-year growth in its special lighting segment for the first three quarters of 2025, with revenue contribution increasing from 4.72% to 7.10% [2]