Zhongshi Technology: Wholly-owned subsidiary plans to increase capital by 35.7 million yuan to acquire 51% equity of Zhongshi Xunleng.

date
03/12/2025
China Stone Technology announcement, its wholly-owned subsidiary Yixing Zhongshi plans to use its own funds of 35.7 million yuan to increase capital and acquire 51% of the equity of Zhongshi Xunleng. After this acquisition is completed, Yixing Zhongshi will hold 51% of the equity of Zhongshi Xunleng, making Zhongshi Xunleng the company's controlling subsidiary and included in the company's consolidated financial statements. This acquisition will help the company further deepen its industry layout in the field of heat dissipation modules, improve the ecosystem of liquid cooling business, and extend the liquid cooling expertise of the Zhongshi Xunleng team to the company's existing major customer channels, achieving effective coordination and optimization of customer resources.