Delixi New Energy Technology (603032.SH) plans to acquire a 51% stake in Humps for 152 million yuan. Its main business includes precision planetary gear reducers and other areas.

Delixi New Energy Technology (603032.SH) announced that the company plans to use its own funds of 152 million RMB to acquire 51% equity of Anhui Hamps Precision Transmission Co., Ltd ("Anhui Hamps" or the "target company") through a share acquisition. After the completion of this transaction, the company will hold 51% of Anhui Hamps' equity and become the controlling shareholder of Anhui Hamps. It is reported that the business of Anhui Hamps mainly focuses on the research and development, production, and sales of precision planetary gear reducers and geared motors. As of August 2024, Anhui Hamps has a total of three subsidiaries, divided into two business sectors: the photovoltaic industry and the precision industrial control industry. Among them, subsidiary Boji Mechanical and Electrical is dedicated to the research and production of motors for internal use only; subsidiary Hamps Intelligent Control is dedicated to the research and production of gear reducers and assembles them with purchased motors to produce geared motors, primarily used in the photovoltaic industry. In addition, subsidiary Chuzhou Hamps is focused on the research, production, and sales of gear reducers and geared motors in the precision industrial control sector, with downstream applications including industrial automation equipment, smart logistics, and Siasun Robot&Automation.