Core Viewpoint - The company, Xingmin Zhitong, plans to acquire a 50.29% stake in Zhongke Xinwei for approximately 1.106 billion yuan, while also raising up to 0.923 billion yuan through a private placement to its controlling shareholder, Qingdao Chuangjiang [1] Group 1 - The acquisition will allow Zhongke Xinwei to focus on the research, production, and sales of HDD precision components after completing its acquisition of PCPL [1] - Major clients of Zhongke Xinwei include well-known hard drive manufacturers such as Seagate, Western Digital, and Toshiba [1] - Following the transaction, Zhongke Xinwei will become a wholly-owned subsidiary of the listed company, enabling the company to enter the promising data storage business sector [1]