Shenzhen Bromake New Material (301387.SZ) intends to acquire controlling stake in Dongguan Chenglin to expand its business layout in the new energy vehicle sector.

Shenzhen Bromake New Material (301387.SZ) announced that on October 31, 2025, the company signed an investment agreement and shareholder agreement with Jiaxing Yidan Equity Investment Partnership Enterprise (limited partnership) (referred to as "Jiaxing Yidan") and Peng Jia regarding Dongguan Chenglin Electronics Co., Ltd. The company invested a total of 20 million yuan in cash to Dongguan Chenglin Electronics Co., Ltd. (referred to as "Dongguan Chenglin"), receiving a capital contribution of 5.714286 million yuan from Dongguan Chenglin, corresponding to 36.36% equity after the increase in capital. At the same time, the company signed a voting proxy agreement with Peng Jia, one of the existing shareholders of Dongguan Chenglin, authorizing the company to exercise the voting rights corresponding to the 30% equity stake held by Peng Jia in Dongguan Chenglin, in order to achieve control over Dongguan Chenglin. After the increase in capital is completed, Dongguan Chenglin will become a subsidiary company controlled by the company and will be included in the consolidated financial statements. The announcement indicates that the target company focuses on the field of new energy vehicles, primarily providing functional materials and precision structural components. This investment will achieve deep two-way empowerment and synergy, as the company will effectively integrate and closely bind customer resources to expand its business layout in the field of new energy vehicles. At the same time, through technology transfer and business synergy, the company will empower its core business in consumer electronics, enriching the product portfolio and solutions.