Xingluoer (002860.SZ) plans to acquire 100% equity of Fanyu Technology; the target company is deeply engaged in the field of precision tool manufacturing equipment and semi-finished drill needle products.

Zhitong Finance APP News, Star Shuaier (002860.SZ) announced that the company plans to acquire 100% equity of Fanyu Technology through the issuance of shares and cash payment, with 51% acquired through cash payment and 49% acquired through the issuance of shares. Among this, the listed company plans to pay transaction consideration to Chen Yong through the issuance of shares and cash payment, and plans to pay transaction consideration to Chen Guangrong through cash payment.