Enitang Zhikong: Intends to purchase 100% of the equity of Guanglong Integrated held by Guanglong Group and 80% of the equity of Oujian Microelectronics through the issuance of shares and payment of cash, and will resume trading on Monday.

On the evening of November 7th, Enghouse Smart Control announced that the listed company intends to acquire 100% equity of Guanglong Integrated held by Guanglong Group through the issuance of shares and cash payment, as well as 80% equity of Ojian Microelectronics. At the same time, the company plans to issue shares to no more than 35 specific investors to raise funds. After this transaction is completed, Guanglong Integrated will become a wholly-owned subsidiary of the listed company, and Ojian Microelectronics will become a controlling subsidiary of the listed company. The company's stock will resume trading from November 10th. Guanglong Integrated is mainly engaged in the research and development, production, and sales of passive optical devices such as optical switches. Its products include optical switches, optical protection modules, as well as optical attenuators, wave division multiplexers, ring resonators, and other optical devices and OCS, which are widely used in optical network protection, testing systems, AI smart centers, data center optical path scheduling, optical sensing, laser radar, and other fields. Ojian Microelectronics is mainly engaged in the research, design, and sales of high-performance analog chips, and is an analog chip design enterprise. Currently, Ojian Microelectronics' core products focus on power management analog chips and signal chain analog chips, with product categories covering low-dropout linear regulators, buck converters, boost converters, buck-boost converters, PMICs, battery protection chips, and analog front ends. With the core strategy of "precise focus + deep technical expertise," the company has broken through competitive barriers and its high-performance analog products have been widely used in consumer electronics, communications, automotive electronics, medical electronics, and other core fields. Enghouse Smart Control stated that there is significant synergy between the company and the target companies in terms of market, products, and technology. In terms of market synergy, the listed company has strong distribution capabilities and abundant customer resources, which can help the target companies accelerate market entry and expand their sales channels. In terms of technology and product synergy, the listed company has accumulated profound expertise in areas such as optoelectronic signal conversion and chip design and manufacturing for automotive industry, while Guanglong Integrated has been deeply involved in optical devices and Ojian Microelectronics has been focusing on optical switch system and analog chip design for many years, enabling the two sides to share and complement each other's technologies. Enghouse Smart Control stated that through this transaction, the listed company will form complementary advantages and deep collaboration with the target companies in terms of market, products, and technology, effectively expanding the listed company's industrial layout, opening up new business growth space, and comprehensively enhancing the overall competitiveness and sustainable development capabilities of the enterprise. After this transaction, Guanglong Integrated and Ojian Microelectronics will become subsidiaries of the listed company, effectively enhancing the business scale and profitability of the listed company, providing guarantees for the overall operational performance improvement of the listed company, and protecting the interests of the listed company and all shareholders. In order to meet the needs of all parties involved in this transaction, advance the implementation of this transaction, improve the efficiency of this transaction, and enhance the company's financial strength, Enghouse Smart Control plans to raise matching funds.