Kaiwang Technology (301182.SZ) plans to acquire 51% equity in Dongguan Qinding and Dongguan Xingding for 286 million yuan.
Zhitong Finance APP news, Kaiwang Technology (301182.SZ) announced that on August 5, 2026, the company signed a formal Equity Acquisition Agreement with the other party to the transaction, intending to acquire 51% of the equity of Dongguan Qindong Hardware Products Co., Ltd. (referred to as "Dongguan Qindong") and 51% of the equity of Dongguan Xingdong Hardware Products Co., Ltd. (referred to as "Dongguan Xingdong") through cash payment. The final transaction price for the 51% equity of Dongguan Qindong was determined to be 182.33 million yuan, and the final transaction price for the 51% equity of Dongguan Xingdong was determined to be 103.27 million yuan, resulting in a total transaction price of 285.60 million yuan. Upon the completion of the transaction, the company will hold 51% of the equity of both Dongguan Qindong and Dongguan Xingdong, and the target companies will be included in the company's consolidated financial statements.
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