突发公告！筹划重大资产重组，停牌！

Core Viewpoint - Kailong High-Tech Co., Ltd. is planning to issue shares and pay cash to acquire Shenzhen Jinwangda Electromechanical Co., Ltd., which may constitute a significant asset restructuring according to regulations [1][2]. Group 1: Company Overview - Kailong High-Tech's core business focuses on engine exhaust after-treatment systems, with expansions into commercial vehicle thermal management systems, new materials, and robotic dexterous hand detection [1]. - For the first three quarters of 2025, Kailong High-Tech reported a revenue of 442 million yuan and a net loss attributable to shareholders of 27.08 million yuan [1]. Group 2: Target Company Overview - Jinwangda, established in 2009, is a national high-tech enterprise specializing in the R&D, production, and sales of high-end automation core components [2]. - Its main products include precision linear guides, precision ball screws, precision planetary roller screws, and precision reducers, serving high-end automation sectors such as semiconductors, 3C electronics, and medical equipment [2]. Group 3: Transaction Details - The acquisition aims to optimize Kailong High-Tech's asset structure by introducing assets with higher development potential and profitability [2]. - The transaction is still in the planning stage, and the company's stock will be suspended from trading starting January 21, 2026, with a plan to disclose the transaction details by February 4, 2026 [2][3]. Group 4: Challenges and Considerations - Key challenges for the restructuring include the difficulty of cross-industry integration, the competitive market of the target asset, and Kailong High-Tech's current loss-making status, which may impose financial and performance pressures [3].