Huatian Technology (002185.SZ) has announced that the company plans to acquire 100% of the shares in Huayi Microelectronics Co., Ltd. through a combination of share issuance and cash payment from 27 counterparties, including Tianshui Huatian Electronic 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.
On September 24, 2026, the company received the "Approval for the Registration of Tianshui Huatian Technology Co., Ltd.'s Asset Acquisition via Share Issuance and Supporting Fund Raising" issued by the China Securities Regulatory Commission. The approval permits the company's registration application for acquiring relevant assets through share issuance, and also allows the company to raise supporting funds through share issuance in an amount not exceeding 400 million yuan.
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