Jiangxi Firstar Panel Technology (300256.SZ) plans to acquire a piece of land and a factory building for approximately 111 million yuan to meet business needs.

Jiangxi Firstar Panel Technology (300256.SZ) announced that the company plans to acquire the factory building located at No. 81, Zhoujiang Information Industry Park, Shangpeng, Zhoujiang Village, Pingxiang Economic and Technological Development Zone, from Huixiang Construction and Development Co., Ltd. (referred to as "Huixiang Construction") for a total price of approximately 111 million yuan. The announcement stated that the purchase of land and factory buildings and related transactions are based on the overall business development and production needs of the company, which is conducive to the company's production layout and long-term stable development.