300120SZSE

Announcement on Completion of Business Registration Change for Acquired Equity Investment Assets

Tianjin Jingwei Huikai Optoelectronic Co., Ltd.·March 10, 2026

✨ AI Summary

Tianjin Jingwei Huikai Optoelectronics Co., Ltd. has completed the business registration change for its acquisition of 100% equity in ZTE System Technology Co., Ltd. The acquisition, valued at RMB 850 million, was approved by the board and shareholders in late 2025. The company has paid RMB 600 million to the shareholders of ZTE System to date. Following this registration, ZTE System is now a wholly-owned subsidiary of Jingwei Huikai.

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Full Translation

AI Translation· azure_openai

I. Overview of External Investment

Tianjin Jingwei Huikai Optoelectronics Co., Ltd. (hereinafter referred to as "Jingwei Huikai" or "the Company") held the 13th meeting of the 6th Board of Directors on October 17, 2025, and the fourth extraordinary general meeting of shareholders on November 6, 2025, where the proposal for external investment to acquire equity was approved. The Company intends to acquire 100% equity of ZTE System Technology Co., Ltd. (hereinafter referred to as "ZTE System") from Shenzhen Yingu Technology Group Co., Ltd., Shenzhen Julihongchuang No. 1 Investment Enterprise (Limited Partnership), and Shenzhen Julihon

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