Moon Environment to Acquire 45% Stake in Yantai Mingxiang for 703 Million Yuan, Gaining Indirect Control of Sealing Tech

Stock News09-08

Moon Environment Technology Co.,Ltd. (000811.SZ) announced on September 8, 2026, the signing of an equity transfer agreement with Yantai Guofeng Investment Holding Group Co., Ltd. ("Yantai Guofeng") and Yantai Hehong Investment Co., Ltd. ("Yantai Hehong"). The company plans to acquire a 45% equity interest in Yantai Mingxiang Holdings Co., Ltd. ("Yantai Mingxiang") through agreement-based transfer, at a total transaction price of 703 million yuan.

The acquisition includes a 30% stake held by Yantai Guofeng for 468 million yuan and a 15% stake held by Yantai Hehong for 234 million yuan. The purchase will be funded entirely from the company's own capital reserves.

Yantai Mingxiang currently holds a 47.93% equity stake in Yantai Ishikawa Sealing Technology Co.,Ltd. ("Sealing Tech"), positioning it as the controlling shareholder of Sealing Tech. Following the transaction, Moon Environment and its controlling shareholder Yantai Guofeng will hold 45% and 22% of Yantai Mingxiang respectively, together commanding a combined 67% stake that constitutes control over Yantai Mingxiang, thereby enabling indirect control over Sealing Tech.

The two companies share certain business synergies, and this transaction is expected to help Moon Environment refine its industrial layout, expand its asset base, and enhance the sustainable profitability and risk resilience of both entities. The move aims to elevate overall corporate value and maximize shareholder returns. Following deal completion, Yantai Mingxiang will be consolidated into Moon Environment's financial reporting scope.

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