IKD Co., Ltd. (600933.SH) plans to increase its shares by purchasing 71% of the equity of Zouerbo, a manufacturer of precision parts for micro motors. The company will resume trading on January 16th.

IKD Co., Ltd. (600933.SH) released a proposal to issue shares and pay cash to purchase assets and raise matching funds. The listed company plans to purchase 71% equity of Zuo'erbo (Ningbo) Precision Machinery and Electronics Co., Ltd. (referred to as Zuo'erbo) by issuing shares and paying cash, and intends to issue shares to raise matching funds from up to 35 specific investors. The share issuance price for this asset purchase is set at 14.00 yuan per share. It is reported that the target company of this transaction is mainly engaged in the research, production, and sale of precision components products for micro-special motors, with a focus on the application in the automotive micro-special motor field, making this transaction an industrial merger in the automotive parts industry. This transaction will enrich the listed company's product portfolio, further enhance the listed company's asset scale and operating income level, and improve the overall profitability of the listed company. Upon application to the Shanghai Stock Exchange, the company's stocks, convertible bonds, and the conversion of convertible bonds will resume trading from Thursday, January 16, 2025.