Core Viewpoint - China Oriental Group's subsidiary, Jinxin Heavy Industry, plans to acquire 2 million shares of Jiangsu Shentong, representing approximately 0.39% of the company's issued shares, for a total consideration of about RMB 30.91 million (approximately HKD 34.20 million) [1] Group 1: Acquisition Details - The acquisition will be conducted at an average price of approximately RMB 15.46 per share (approximately HKD 17.10) [1] - Following the acquisition, China Oriental Group will hold a total of 9,003,500 shares in Jiangsu Shentong, representing about 1.77% of the issued shares [1] Group 2: Relationship with Jiangsu Shentong - Jiangsu Shentong serves as a valve supplier and equipment maintenance service provider for China Oriental Group, having developed a 5G IoT-based valve information management system to optimize maintenance plans and reduce inventory levels [2] - The acquisition is characterized as a vertical acquisition of minority equity, aimed at strengthening the existing commercial relationship and fostering deeper cooperation between the two companies [2] Group 3: Financial Benefits - The investment in Jiangsu Shentong is expected to yield financial benefits, including potential share price appreciation and dividends [3] - Jiangsu Shentong has shown a significant upward trend in dividend payments over the past three fiscal years, increasing from RMB 0.5 per 10 shares in 2022 to RMB 1.75 per 10 shares in 2024 [3]