300912SZSE
🚨 Material Event

Progress Announcement on Issuing Shares and Cash Payment for Asset Acquisition and Related Transactions

Kailong High-Tech Co., Ltd.··2 pages

✨ AI Summary

Kaile Technology Co., Ltd. is progressing with its plan to acquire 70% of Shenzhen Jinwangda Electromechanical Co., Ltd. through share issuance and cash payment. The transaction is classified as a related party transaction and is expected to constitute a significant asset restructuring. Due diligence, auditing, and evaluation are ongoing, with core terms under negotiation. Approval from the board and shareholders is still required.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Kaile Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder: The Company disclosed the "Plan for Issuing Shares and Cash Payment for Asset Acquisition and Related Transactions" (hereinafter referred to as "this transaction plan") on February 4, 2026, detailing the risk factors and approval procedures involved in this transaction. The Company will fulfill its information disclosure obligations in a timely manner based on the progress of related matters. The various tasks of this transaction are progressing in an orderly manner, and the core terms of the transaction are under negotiation. Investors are advised to pay attention to subsequent progress announcements and be aware of investment risks.

I. Basic Information of this Transaction

The Company intends to acquire 70% equity of Shenzhen Jinwangda Electromechanical Co., Ltd. through share issuance and cash payment and to raise supporting funds (hereinafter referred to as "this transaction"). This transaction constitutes a related party transaction and is expected to constitute a significant asset restructuring, but does not constitute a restructuring listing.

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