Dawn(SZ:002838) Xin Lang Cai Jing·2026-02-02 19:04Core Viewpoint - The company, Shandong Dawn Polymer Materials Co., Ltd., has approved the acquisition of the plastic and engineering plastic compound business from Hwaseung Chemical Co., Ltd. and Hwaseung Vina Co., Ltd. to expand its overseas market presence and enhance its sustainable development capabilities [3][11]. Group 1: Board Meeting Details - The fifth board meeting was held on February 2, 2026, with all nine directors present, including independent directors participating via video [2]. - The meeting's procedures complied with relevant laws and regulations, ensuring its legality and effectiveness [2]. Group 2: Acquisition Agreement - The company plans to acquire the compound business by purchasing 100% of the shares of a newly established company in Vietnam, with a preliminary purchase price of $15,737,000 based on the net assets as of June 30, 2025 [3][11]. - The acquisition is subject to approval from relevant national and local authorities, and the management team is authorized to handle the necessary procedures [4][12]. Group 3: Financial and Operational Impact - The acquisition aims to align with the trend of key customers relocating their supply chains to Vietnam, enhancing local supply capabilities and strengthening strategic partnerships [26]. - The transaction is expected to positively impact the company's financial status and operational results, without harming the interests of the company or its shareholders [26]. Group 4: Additional Real Estate Acquisition - Following the completion of the transaction, the company intends to acquire additional real estate rights, including land use rights and ownership of a building, for a price of $1,300,000 [4][25].