CALB Group (3931) Announces Completion of Acquisition in Jiangsu Olive Sensors High-tech (300507)

Bulletin Express11-21

CALB Group Co., Ltd. (stock code: 3931) has completed its acquisition of Jiangsu Olive Sensors High-tech Corporation Limited (stock code: 300507) as announced on 21 November 2025. According to disclosed information, the conditions under the Share Transfer Agreement were fulfilled, and registration of the transferred shares was concluded on 10 October 2025.

CALB Group Co., Ltd. now holds 10.94% equity interest in the acquired company. Following the re-election of the board of directors at the target company’s general meeting, the acquiring party holds a majority of directorships, which enables substantial influence on board resolutions. Consequently, the target company is treated as a non-wholly owned subsidiary of CALB Group Co., Ltd., and its financial results will be consolidated into the group’s financial statements.

According to the announcement, the subscription of newly issued shares of the target company remains pending completion. Further updates will be provided in accordance with regulatory requirements.

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