Estun Automation (002747.SZ) plans to acquire partial equity of its controlling subsidiary Estun Automation Jiangsu Intelligent, raising its shareholding to 95%.

Estun Automation (002747.SZ) announced that the company plans to acquire, through a public listing transfer at the Shanghai United Assets and Equity Exchange, 19.4574% and 3.7834% equity interests in Estun Automation Intelligent Technology (Jiangsu) Co., Ltd. ("Estun Automation Jiangsu Intelligent") held by the National Manufacturing Transformation and Upgrading Fund Co., Ltd. and the China State-Owned Enterprise Mixed Ownership Reform Fund Co., Ltd., respectively, with reserve prices of RMB 211 million and RMB 40.25 million, respectively. At the same time, the company plans to acquire, through negotiated transfer, a 21.6193% equity interest in Estun Automation Jiangsu Intelligent held by Generic Technology High-End Equipment Industry Equity Investment (Tongxiang) Partnership (Limited Partnership). Upon completion of the above transactions, the company's equity interest in Estun Automation Jiangsu Intelligent will increase from 50.1506% to 95.0107%. Estun Automation Jiangsu Intelligent is primarily engaged in the automation, digitalization, and intelligent transformation of production lines, providing intelligent manufacturing solutions for markets such as lithium batteries, energy storage, new energy vehicles, and sheet metal. It establishes industry technical benchmarks for the implementation of the company's automation core components and Siasun Robot&Automation products in various market segments, achieving large-scale scenario applications. To date, it has delivered over a hundred intelligent production lines, continuously empowering the development of the intelligent manufacturing industry. This transaction is conducive to deepening business synergy, management synergy, and coordinated resource allocation between the company and Estun Automation Jiangsu Intelligent, strengthening group management and control as well as strategic implementation, enhancing overall operational decision-making efficiency, further consolidating the company's core competitiveness in the intelligent manufacturing field, and helping the company achieve high-quality development. It aligns with the company's goals of improving quality and efficiency and its long-term steady development strategic layout.