Huitong Energy(SH:600605) Shang Hai Zheng Quan Bao·2026-01-20 18:24Investment Overview - Shanghai Huitong Energy Co., Ltd. signed a share transfer agreement on October 27, 2025, to acquire 7.43% equity in Xinghua Chip (Shaoxing) Semiconductor Technology Co., Ltd. for a total consideration of RMB 183.9 million, with a unit price of RMB 1.5 per registered capital [2][24] - The company completed the necessary internal approvals and signed the investment and shareholder agreements by January 20, 2026 [4][19] Investment Agreement and Shareholder Agreement - The investment agreement involves Huitong Energy and Zhongcai Huihexi (Jiaxing) Equity Investment Partnership (Limited Partnership) as investors, with Shaoxing Xinxing Enterprise Management Co., Ltd. as the founding shareholder [5][6] - The total investment includes RMB 61.3 million for the share transfer and RMB 10 million for Zhongcai Huihexi's acquisition of 1.21% equity [6][8] Impact of Investment - This transaction is a crucial foundation for the company's strategic transformation and aligns with its long-term planning, expected to positively influence future growth and shareholder value [17] - The company has sufficient cash reserves, and the investment will not significantly impact its operations or financial performance [18] Future Steps - The company will proceed with the payment of the agreed amounts and complete the necessary business registration changes as per the agreements [19]