Yihao New Material (301176.SZ) plans to acquire no less than 78% equity of Mingfeng Electronics to enrich its high-end copper foil product layout.

Zhito Finance APP News: Yihao New Materials (301176.SZ) announced that the company plans to issue shares to specific targets to raise a total amount of no more than 1.8 billion yuan. The net proceeds after deducting issuance expenses are intended to be invested in increasing capital to acquire no less than 78% equity of Jiangsu Mingfeng Electronic Materials Technology Co., Ltd. (referred to as "Mingfeng Electronics").