Securities Code: 300136
Securities Abbreviation: CMMT
Announcement No.: 2026-033
Shenzhen CMMT Co., Ltd.
Announcement on Signing the Letter of Intent for Equity Acquisition and Capital Increase
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
Special Notes:
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To further meet the rapidly growing global customer demand for high-end MLCC products and accelerate strategic deployment in the high-end MLCC business segment, Shenzhen CMMT Co., Ltd. (hereinafter referred to as "CMMT" or "the Company"), through its wholly-owned subsidiary CMMT (Yiyang) Co., Ltd. (hereinafter referred to as "Yiyang CMMT" or "the Wholly-Owned Subsidiary"), intends to acquire a 55% equity interest in Yiyang Electronics Technology (Yiyang) Co., Ltd. (hereinafter referred to as "Yiyang Electronics Technology" or "the Target Company") through cash payment.
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The signing of the "Letter of Intent for Equity Acquisition and Capital Increase" was deliberated and approved by the sixth meeting of the sixth Board of Directors. Upon completion of this acquisition, the proportion of equity directly held by the Company's wholly-owned subsidiary in the Target Company is expected to increase to 70%, thereby gaining control. The parties have also made provisions for subsequent capital increases in the Target Company.
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As of the date of this announcement, related parties of the Target Company have reached a consensus on this equity acquisition and capital increase matter, and the relevant transaction parties will initiate their respective internal approval processes. The signing of this "Letter of Intent for Equity Acquisition and Capital Increase" represents a preliminary agreement on cooperation. The specific details of the equity acquisition and capital increase are yet to be further clarified. The transaction price will be determined based on historical contributions and reference to the valuation. The final transaction price will be subject to the formal acquisition agreement.
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The Company's Board of Directors has approved the use of no more than RMB 1.1 billion of its own funds or self-raised funds to advance this equity acquisition.
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Upon finalization of the transaction plan, it will be subject to necessary decision-making and approval procedures by the Company and the counterparty before execution. The aforementioned matters are preliminary steps in the transaction process. The Company will, based on the subsequent progress of the transaction, fulfill the corresponding decision-making procedures and information disclosure obligations in a timely manner in accordance with relevant laws and regulations, regulatory documents, and the Articles of Association. We urge investors to invest rationally, make prudent decisions, and be aware of investment risks.