Group 1 - The company HuTongDa Network (09878) announced the acquisition of a 25% stake in JinTongLing (300091.SZ), with the target company's restructuring plan completed as of February 13, 2026 [1] - JinTongLing is a leading industrial internet company in China that empowers rural retail stores through digital technology and supply chain capabilities, aiming to improve the lives of farmers [1] - The company focuses on "smart supply chain" and "AI+" strategies, promoting integrated production and sales, and enhancing innovative applications in urban and rural circulation [1] Group 2 - The target company specializes in manufacturing fluid machinery, including industrial blowers and centrifugal air compressors, with applications in wastewater treatment, food fermentation, and industrial cooling systems [2] - The acquisition aligns with the group's overall strategic direction and aims to enhance synergy and value in existing business segments, leveraging JinTongLing's technical capabilities to strengthen upstream bargaining power [2] - The company plans to nominate a majority of the board members at JinTongLing and appoint key management personnel to lead daily operations and strategic decisions, ensuring the objectives of the acquisition are met [2]