Core Viewpoint - Jiangfeng Electronics plans to acquire control of Kaide Quartz through a cash transaction, which will make Jiangfeng the controlling shareholder of Kaide Quartz, effective from February 6 [1][2] Group 1: Acquisition Details - Jiangfeng Electronics will acquire a total of 11.7271 million shares of Kaide Quartz, representing 15.6424% of its total share capital, for approximately 448 million yuan [1] - Ningbo Yongjin will acquire 3.7485 million shares from Wang Yumin, accounting for 5% of Kaide Quartz's total share capital, for about 143 million yuan [1] - The sellers have agreed to waive their voting rights on the shares until their combined holdings fall below 5% of the total share capital [1] Group 2: Business Overview - Kaide Quartz specializes in the research, production, and sales of quartz glass products, including quartz instruments, quartz pipelines, and quartz boats [1] - The products are primarily used in the semiconductor integrated circuit chip sector and the photovoltaic solar energy industry [1] - The acquisition aims to enhance Jiangfeng's industrial layout and accelerate the implementation of its strategic objectives [1]