Securities Code: 300793
Bond Code: 123237
Securities Abbreviation: Jiahua Intelligent
Bond Abbreviation: Jiahua Convertible Bond
Announcement Number: 2026-056
Jiahua Intelligent Technology Co., Ltd.
Announcement on Fulfillment of Closing Conditions and Signing of Closing Memorandum for Acquisition
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the announcement content, and that there are no false records, misleading statements, or major omissions.
I. Transaction Overview
The Company's wholly-owned subsidiary, Cosonic International Pte. Ltd. (hereinafter referred to as "Jiahua International"), intends to acquire all limited partnership interests in beyerdynamic GmbH & Co. KG (hereinafter referred to as the "Target Company" or "BDKG"), a limited partnership registered in Germany, held by Carol Shirley Beyer, Carina-Gloria Mühling, Kaja Mühling, Daniela Gruidl, Dennis Gruidl, Samantha Carina Edwards, and David Edwards (hereinafter collectively referred to as the "Sellers" or "Transaction Counterparties"). It also intends to acquire all shares of BDKG's general partner, BEYER DYNAMIC Verwaltungs-GmbH (hereinafter referred to as "BDGmbH"), a limited liability company registered in Germany, held by the Sellers, as well as the shareholder loans of the Target Company (hereinafter referred to as the "Transaction"). This transaction does not constitute a related-party transaction, nor does it constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies."
As of the disclosure date of this announcement, the progress of the Company's acquisition of all limited partnership interests in BDKG, all shares of BD GmbH, and the shareholder loans of BDKG is as follows:
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On June 5, 2025, the Company held the 26th meeting of the Third Board of Directors, which reviewed and approved the "Proposal on Signing the Acquisition Agreement with Conditions Precedent." The Company, Jiahua International, and the Sellers signed the "Sale and Purchase Agreement for Shares and Limited Partnership Interests with Closing Conditions Precedent" (hereinafter referred to as the "Acquisition Agreement").
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On August 12, 2025, the Company held the 27th meeting of the Third Board of Directors, which reviewed and approved the "Proposal on Submitting the Acquisition Agreement with Conditions Precedent to the Shareholders' Meeting for Review."
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On August 29, 2025, the Company held the First Extraordinary Shareholders' Meeting of 2025, which reviewed and approved the "Proposal on Submitting the Acquisition Agreement with Conditions Precedent to the Shareholders' Meeting for Review."
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On December 24, 2025, the Company held the 32nd meeting of the Third Board of Directors, which reviewed and approved the "Proposal on Signing the Disclaimer for the Acquisition." On January 9, 2026, the Company's First Extraordinary Shareholders' Meeting of 2026 reviewed and approved the "Proposal on Signing the Disclaimer for the Acquisition."