The stock code: 300478
The stock abbreviation: Hangzhou High-tech
Announcement number: 2026-046
Hangzhou High-tech Materials Technology Co., Ltd. announces the planning of external investment matters. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Hangzhou High-tech Materials Technology Co., Ltd. (hereinafter referred to as "the Company") is planning to jointly invest with relevant partners to establish a joint venture subsidiary. The joint venture subsidiary is intended to operate server assembly business in the Wuxi National High-tech Industrial Development Zone. Currently, the Company has not formally signed a cooperation agreement regarding this external investment, and the formal signing of the cooperation agreement is subject to further negotiation, with significant uncertainties remaining.
- According to preliminary research and calculations, this external investment is not expected to meet the criteria for a significant asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies," and does not constitute a significant asset reorganization. This external investment constitutes a related party transaction. The transaction is planned to be conducted in cash and does not involve the issuance of shares by the Company, nor will it lead to a change in control of the Company.
- The joint venture subsidiary's operation of server assembly business may face certain operational risks influenced by macroeconomic factors, industry policies, technological developments, market competition, supply chains, and management, which may significantly affect the Company's future operating results with considerable uncertainty.
- The external investment is still in the planning stage and is expected to be difficult to keep confidential. It requires the Company and its partners to fulfill relevant decision-making and approval procedures before it can take effect, with risks of not passing such decision-making and approval procedures.
- The Company will strictly follow relevant regulations to fulfill the review procedures and timely fulfill information disclosure obligations. There is uncertainty regarding whether this external investment can ultimately be completed, and investors are advised to pay attention to investment risks.