Fumiao Technology: Plans to acquire equity for 696 million yuan and advance its restricted stock incentive plan.
Fumiao Technology announced that the second extraordinary general meeting of shareholders in 2026 will be held on August 17, during which multiple proposals will be reviewed. The company intends to acquire 100% equity of Shanghai Longlin Woge Materials Group Co., Ltd. for 696 million yuan and 5.2428% equity of Jiaxing Watertech Environmental Technology Co., Ltd., totaling an acquisition of 51.1649% equity to achieve control. Additionally, the meeting will review the "2026 Second Phase Restricted Stock Incentive Plan" and its assessment management measures, as well as a proposal to authorize the board of directors to handle related matters.
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