Securities Code: 301392
Securities Abbreviation: Huicheng Vacuum
Announcement Number: 2026-036
Guangdong Huicheng Vacuum Technology Co., Ltd.
Announcement on the Purchase of Assets
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Special Notice
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Guangdong Huicheng Vacuum Technology Co., Ltd. (hereinafter referred to as "Huicheng Vacuum" or "the Company") intends to use its own funds to purchase from Tianhong (Dongguan) Technology Co., Ltd. (hereinafter referred to as "Tianhong Technology") the land use rights and related factory buildings and supporting infrastructure located at No. 5, Gongye North Road, High-tech Industrial Development Zone, Songshan Lake, Dongguan City. The total area of state-owned land use rights is 87,484.79 square meters, and the total building area of properties is 53,374.60 square meters. The total transaction amount is RMB 24,800.00 million (including value-added tax).
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The current asset purchase does not constitute a related party transaction or a major asset restructuring. This transaction does not require approval from the Company's shareholders' meeting.
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Relevant Risk Disclosure:
(1) The Company will re-apply for the corresponding real estate ownership certificates for the state-owned land and buildings in the future. There is a risk of uncertainty in the registration results when applying for real estate registration.
(2) The purchase of land use rights, buildings, and subsequent investment and construction is a decision based on the Company's strategic development needs and judgment of the industry market prospects. In the long-term planning and implementation process, there may be risks such as macroeconomic downturns, adverse changes in the market environment, and future development not meeting expectations. Investors are kindly requested to pay attention to investment risks.
I. Overview of the Transaction
(I) Background of the Transaction
In accordance with the Company's business strategy planning and layout, the Company recently plans to invest in the "Ultra-Precision Semiconductor and Continuous PVD Equipment Industrialization Project." Since the Company's existing production site cannot meet the construction requirements of the project, the Company needs to purchase the land use rights and related factory buildings and supporting infrastructure required for the project's construction to ensure its smooth implementation.
(II) Content of the Transaction
After friendly negotiation, the Company has signed the "Leasehold and Land Use Rights Transfer Agreement" with Tianhong Technology, and will purchase from Tianhong Technology the land use rights and related factory buildings and supporting infrastructure located at No. 5, Gongye North Road, High-tech Industrial Development Zone, Songshan Lake, Dongguan City. The total area of state-owned land use rights is 87,484.79 square meters, and the total building area of properties is 53,374.60 square meters. The total transaction amount is RMB 24,800.00 million (including value-added tax).
(III) Other Explanations
- Deliberation Procedures
On August 10, 2026, the Company held the 8th meeting of the Third Board of Directors, which reviewed and approved the "Proposal on the Proposed Purchase of Assets." This transaction is not a related party transaction and does not constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies." According to the "Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange," the transaction amount does not reach the standard for submission to the shareholders' meeting for review. Therefore, this proposal does not need to be submitted to the shareholders' meeting for review.