Zhongyan Dadi (003001.SZ) plans to acquire 60% equity of Xinhuan Yu to expand its business in the PCB drilling and milling cutter fields.

Financial news app Zhitong announced that Zhongyan Dadi (003001.SZ) has issued an announcement stating that the company plans to acquire 60% equity of Shenzhen Xinhuan Yu Precision Technology Co., Ltd. ("Xinhuan Yu" or "Target Company") through a combination of cash acquisition and capital increase. The Target Company has committed that the net profit attributable to the parent company shareholders after deducting non-recurring gains and losses of the Target Company audited from 2026 to 2028 shall not be less than 100 million yuan. After the completion of the transaction, the Target Company will become a subsidiary of the company.