Stock Code: 300638 Stock Abbreviation: Guanghetong Announcement No.: 2026-036
Announcement on the Progress of Major Asset Restructuring
The company and its board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Special Reminders:
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Shenzhen Guanghetong Wireless Co., Ltd. (hereinafter referred to as the "Company") intends to acquire 37.16% of the shares of Shenzhen Honsheng Electronics Co., Ltd. (hereinafter referred to as the "Target Company" or "Honsheng Electronics") by paying cash, and to achieve control of the Target Company through an acting-in-concert agreement (hereinafter referred to as the "Transaction"). Upon completion of this transaction, Honsheng Electronics will become a controlling subsidiary of the Company.
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The "Report on the Major Asset Purchase of Shenzhen Guanghetong Wireless Co., Ltd. (Draft)" and its summary disclosed by the Company on June 29, 2026, have detailed the risk factors involved in this transaction and the decision-making and approval procedures that still need to be completed. Investors are kindly requested to pay attention to investment risks.
I. Overview of the Transaction