Securities Code: 301187
Securities Abbreviation: OUSheng Electric
Announcement No.: 2026-043
Suzhou OUSheng Electric Co., Ltd.
Announcement on Adjusting Payment Arrangements for the Acquisition of 100% Equity in Producteers International GmbH by a Wholly-Owned Subsidiary
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false or misleading statements or material omissions.
I. Background of Adjustment
Suzhou OUSheng Electric Co., Ltd. (hereinafter referred to as the "Company" or "Buyer") held the 15th meeting of the Third Board of Directors and the 14th meeting of the Third Supervisory Board on March 5, 2025, and reviewed and approved the "Proposal on the Acquisition of 100% Equity in Producteers International GmbH by a Wholly-Owned Subsidiary." The proposal agreed that the Company would use its own funds to acquire 100% of the equity of German Producteers International GmbH (hereinafter referred to as "Producteers") held by ALGO Handels GmbH and Producteers Holding ApS (hereinafter collectively referred to as the "Sellers") through its wholly-owned subsidiary OUSheng Investment (Hong Kong) Co., Ltd.'s subsidiary in Germany or other affiliated companies. For details, please refer to the "Announcement on the Acquisition of 100% Equity in Producteers International GmbH by a Wholly-Owned Subsidiary" (Announcement No.: 2025-010) disclosed on the Juchao Information Network on March 7, 2025, and the "Announcement on the Progress of Acquisition of Overseas Company by Wholly-Owned Subsidiary and Completion of Acquisition" (Announcement No.: 2025-013) disclosed on March 13, 2025.