DongGuan Winnerway Industry Zone (000573.SZ) plans to acquire 100% equity of Jinwangda for no more than 550 million yuan.

DongGuan Winnerway Industry Zone (000573.SZ) has announced that, in order to promote the transformation and upgrading of the company's business, cultivate new momentum for the company's development, and build a second growth curve, the company plans to acquire, by way of cash payment, 100% of the equity of Shenzhen Jinwangda Electromechanical Co., Ltd. (hereinafter referred to as "Jinwangda") held by Xu Zhaowang and Anyi Tuohuangzhe Enterprise Management Partnership (Limited Partnership). The proposed transaction price for the target equity shall not exceed 550 million yuan. The target company is a high-tech enterprise dedicated to the integrated research and development, production, and sales of high-end automation core components. The target company's production base is located in Dongguan City, focusing on manufacturing in the field of precision transmission functional components. Its core products include precision linear guides, precision ball screws, precision planetary roller screws, precision reducers, KKR steel-base modules, GTHA embedded aluminum-base modules, aluminum-base screw modules, etc., which are widely used in high-end automation fields such as new energy, 3C electronics, LCD/LED panels, automotive manufacturing equipment, and medical care. The business proportions in the main fields are as follows: 3C accounts for approximately 40%, new energy (lithium batteries + photovoltaics) accounts for approximately 40%, display panels account for approximately 6%, and other applications such as automotive manufacturing equipment and medical equipment account for approximately 14%. The target company's products feature high precision and stable performance, and it is committed to building a well-known brand in the field of high-end automation core components.