TIANLI HOLDINGS (00117) subsidiary acquires machinery from Toyo Glory for 175 million Japanese yen.

TIANLI HOLDINGS (00117) announced that on February 25, 2025, Dongyu Yang (as the buyer, an indirect wholly-owned subsidiary of the company) entered into a purchase agreement with Dongrong (as the seller) to acquire a batch of capacitor testing machines for a price of 175 million Japanese Yen (equivalent to approximately 9.1 million Hong Kong dollars). With the Chinese government actively promoting new infrastructure construction and domestic substitution, the Group will continue to seize development opportunities, increase investment in MLCC business, and further enhance production capacity and technological levels. The machines are intended to be used at Dongyu Yang's factory to enhance the testing and screening of MLCC products to increase the Group's production capacity, expand its existing product line, and improve the technical capabilities of the MLCC division.