Huatian Technology's Asset Acquisition Plan via Share and Cash Payments Passes Shenzhen Stock Exchange Review

Stock News08-14

Tianshui Huatian Technology Co.,Ltd. (002185.SZ) announced that its plan to acquire 100% of Huayi Microelectronics Co., Ltd. through issuing shares and paying cash has been approved by the Shenzhen Stock Exchange's merger and reorganization review committee.

The company intends to issue shares and pay cash to purchase shares from 27 counterparties, including Tianshui Huatian Electronics Group Co., Ltd., Xi'an Houyi Investment Management Partnership (Limited Partnership), and Xi'an Xintian Yubo Enterprise Management Partnership (Limited Partnership), while also raising supporting funds.

The Shenzhen Stock Exchange's Merger and Reorganization Review Committee convened its 12th review meeting of 2026 on August 13, 2026, to evaluate the transaction. According to the committee's published results, the application was deemed to meet the conditions for restructuring and information disclosure requirements.

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