Pci Technology Group (600728.SH) plans to acquire 60% equity of Hisense Weilian for 79.2 million yuan.

Pci Technology Group (600728.SH) announced that its wholly-owned subsidiary, Guangdong Huazhiyuan Information Engineering Co., Ltd. (referred to as "Huazhiyuan"), intends to acquire 60% equity of Qingdao Hisense Microlink Signal Co., Ltd. (referred to as "Hisense Microlink") for RMB 79.2 million in cash. Hisense Microlink is a national high-tech enterprise mainly engaged in railway signal business, with a complete railway signal product and technology team. The company's railway signal products have performed well in research and development certification and application, and it has the business performance and capabilities to undertake and deliver railway signal system projects. This transaction is a cautious decision made based on the company's strategic and business development needs, in line with the company's long-term development plans, and will further enhance the company's comprehensive strength in the field of intelligent railway transportation.