TRANSTECH (09963) plans to acquire Hao Min Investment Holding Co., Ltd. for 78 million yuan.

TRANSTECH (09963) announced that on April 13, 2026, its wholly-owned subsidiary TRANSTECH (Hong Kong) Investment Limited intends to acquire all the equity of Haodar Technology Limited from Haomin Investment Holdings Limited, at a price of approximately RMB 78 million. As of the date of this announcement, the target company indirectly holds 51% equity of a Hangzhou company (mainly engaged in the production and sale of fiber optic preforms and fiber optics) The consideration will be fully paid through the issuance and distribution of 48.367 million consideration shares by the Company upon completion. The consideration shares will be distributed and issued at a price of HK$1.85 per share. The Hangzhou company is mainly engaged in the production and sale of fiber optic preforms (the precursor required for manufacturing fiber optics) and fiber optics in China. Its products are supplied to independent customers and the Foton China Group, with fiber optics being a key material for downstream cable production. In 2025, the actual production capacity of its fiber optic preforms was approximately 104 million core kilometers (equivalent fiber optic length) and the actual production capacity of its fiber optics was approximately 85 million core kilometers. As of the date of this announcement, Hangzhou company is indirectly held by the target company and Foton China with 51% and 49% ownership respectively.