Core Viewpoint - Jinfu Technology is planning to acquire at least 51% of Guangdong Lanyuan Technology Co., Ltd. through cash payment, currently in the planning stage with uncertainties regarding the transaction [1] Group 1: Acquisition Details - Jinfu Technology signed a Letter of Intent for the acquisition with Lanyuan Technology and its stakeholders on November 21, 2025, which is a preliminary agreement subject to further negotiation and a formal acquisition agreement [1] - The business scope of Lanyuan Technology includes manufacturing and trading of wires and cables, industrial design services, non-ferrous metal processing, synthetic material sales, new material technology research and development, and smart instrument manufacturing [1] Group 2: Company Background and Strategy - Jinfu Technology, established in 2001 and listed on the Shenzhen Stock Exchange in 2020, primarily focuses on the research, design, production, and sales of packaging products for the beverage and food sectors [1] - Prior to its listing, the company mainly produced bottle caps for packaged drinking water, but has since expanded its product range through acquisitions and new customer development [2] - The company aims to diversify its product offerings by exploring new packaging applications beyond beverages and food, including personal care, medical, and health product packaging [2] Group 3: Strategic Implications of the Acquisition - The acquisition is seen as a way for Jinfu Technology to explore new profit growth points while maintaining steady development of its core business [3] - If the acquisition is successful, Lanyuan Technology will be included in Jinfu Technology's consolidated financial statements, potentially enhancing the company's profitability, risk resistance, and overall competitiveness [3]