Yingli Group: Intends to use 66.497 million yuan to purchase 100% equity of Foshan Zhiqiang Optoelectronics.

date
21/11/2025
Yingli Corporation announces that the company plans to enter the supply chain of a certain brand in North America by acquiring 100% equity of Foshan Zhiqiang Optoelectronics Co., Ltd., a supplier of PC display module structural components. The company and its wholly-owned subsidiary Anhui Zhiqiang Precision Technology Co., Ltd. signed an agreement with Zhibin International Limited and the target company on November 21, 2025 regarding the acquisition of 100% equity of Foshan Zhiqiang Optoelectronics Co., Ltd. The company plans to use 66.497 million yuan of its own or self-raised funds to acquire 100.00% equity of the target company through stock transfer. After the completion of this transaction, the target company will become a wholly-owned subsidiary of the company and will be included in the company's consolidated financial statements.