Xuzhou Handler Special Vehicle (300201.SZ) intends to acquire equity in Hunan Huaxun Holding to rapidly expand and strengthen the emergency equipment manufacturing industry.

Xuzhou Handler Special Vehicle (300201.SZ) announced that the company plans to acquire the equity of Hunan Huaxun Emergency Equipment Co., Ltd. ("Hunan Huaxun") through equity mergers or by subscribing to new registered capital, thereby gaining control of Hunan Huaxun. This acquisition is in line with the company's overall strategic plan, and will help the company seize market opportunities, rapidly expand and strengthen the company's emergency equipment manufacturing industry, cultivate important future profit growth points, and accelerate the achievement of the strategic goal of "doubling the performance in three years and creating another Xuzhou Handler Special Vehicle." Through this acquisition, the two companies will deepen cooperation in the field of emergency water supply and drainage equipment and drainage vehicles, fully utilizing the rapid development of the emergency water supply and drainage industry market opportunities. They will integrate Xuzhou Handler Special Vehicle's rich experience in product research and development, intelligent manufacturing, sales, and service, as well as its customer resource advantages in the fields of electricity, municipal services, and firefighting, with the long-term practical application experience and technological advantages of emergency water supply and drainage accumulated by Hunan Huaxun. This will achieve "strong alliance" and "complementary advantages", transforming Hunan Huaxun into an industry-leading enterprise with independent research and development, large-scale manufacturing, and comprehensive service capabilities, enhancing the company's market competitiveness and industry influence. This acquisition is in line with the company's overall strategic plan, and will help the company seize market opportunities, rapidly expand and strengthen the emergency equipment manufacturing industry, enhance overall strength and profitability, and accelerate the achievement of the strategic goal of "doubling the performance in three years and creating another Xuzhou Handler Special Vehicle." If the transaction is successful, it is expected to have a positive impact on the company's production and operations.