Anhui Shiny Electronic Technology (300956.SZ) plans to acquire 100% equity of Foshan Zhiqiang and enter the supply chain of a certain brand in North America.
English Power Corporation (300956.SZ) announced that the company plans to purchase PC display modules within the supply chain of a certain brand in North America...
Anhui Shiny Electronic Technology (300956.SZ) announced that the company plans to enter the supply chain of a certain brand in North America by acquiring 100% equity of Foshan Zhiqiang Optoelectronics Co., Ltd. ("Foshan Zhiqiang"), a supplier of PC display module structural components. The company and its wholly-owned subsidiary, Anhui Zhiqiang Precision Technology Co., Ltd., signed an agreement on November 21, 2025 with Zhibin International Limited and the target company for the acquisition of 100% equity of Foshan Zhiqiang Optoelectronics Co., Ltd. The company plans to obtain 100% equity of the target company by transferring shares using its own funds or self-raised funds amounting to 66.497 million yuan.
The announcement stated that Foshan Zhiqiang specializes in the production and sales of PC display module structural components, is deeply tied to a major customer of a certain brand in North America, and has the ability to expand to other customers. Both the company and the target company will benefit from the AIPC's economic cycle. By acquiring 100% equity of the target company, the company will expand its product line of PC display module structural components, strengthen its supply chain, improve the technical capabilities of its products, and increase the value in the PC industry chain.
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