300638SZSE
🚨 Material Event

Announcement on the Progress of Major Asset Restructuring

Fibocom Wireless Inc.··3 pages

✨ AI Summary

Shenzhen Forward & Lang Technology Co., Ltd. announces progress on its major asset restructuring. The company plans to acquire 37.16% of Shenzhen Honsheng Electronics Co., Ltd. for cash, gaining control. The transaction requires shareholder approval and other regulatory approvals, with completion timelines uncertain.

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Full Translation

AI Translation· gemini_document

Securities Code: 300638

Securities Abbreviation: Forward & Lang

Announcement Number: 2026-049

Shenzhen Forward & Lang Technology Co., Ltd.

Announcement on the Progress of Major Asset Restructuring

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Special Reminder:

  1. Shenzhen Forward & Lang Technology 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 over 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.

  2. The "Report on Major Asset Purchase of Shenzhen Forward & Lang Technology Co., Ltd. (Draft) (Revised Edition)" and its summary disclosed by the Company on August 7, 2026, have detailed the relevant risk factors involved in this transaction. As of the disclosure date of this announcement, the transaction still requires approval from the Company's shareholders' meeting and other approvals or filings required by relevant laws, regulations, and rules before it can be implemented. The successful completion and timing of these decisions and approvals are uncertain, and investors are advised to pay attention to investment risks.

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