According to Pan Asia Weibo's announcement, the company plans to acquire a total of 54.089% of Tianyuan Electric's shares held by Zhang Yuqian and other shareholders of Tianjin Tianyuan Electric Materials Co., Ltd. through cash payment to obtain its controlling interest. This transaction does not constitute a related transaction or major asset restructuring. The transaction price has not yet been determined. The value of 100% of the target company's shares is tentatively set at 2-3 billion yuan. The deal aims to create synergy effects in product development, sales channels, R&D technology, etc., make up for the production capacity and technical shortcomings of upstream PI films, open up the entire industry chain from PI substrates to downstream FCCL and aerospace-grade composite films, achieve product sales, channel and technology collaboration, and expand the high-end materials matrix. Note: Tianyuan Electric has been deeply involved in the industry for more than ten years, focusing on the development and production of polyimide films. A variety of PI films have been successfully developed. Applications include electrical engineering, electronics, and some aerospace and special fields.

According to Pan Asia Weibo's announcement, the company plans to acquire a total of 54.089% of Tianyuan Electric's shares held by Zhang Yuqian and other shareholders of Tianjin Tianyuan Electric Materials Co., Ltd. through cash payment to obtain its controlling interest. This transaction does not constitute a related transaction or major asset restructuring. The transaction price has not yet been determined. The value of 100% of the target company's shares is tentatively set at 2-3 billion yuan. The deal aims to create synergy effects in product development, sales channels, R&D technology, etc., make up for the production capacity and technical shortcomings of upstream PI films, open up the entire industry chain from PI substrates to downstream FCCL and aerospace-grade composite films, achieve product sales, channel and technology collaboration, and expand the high-end materials matrix. Note: Tianyuan Electric has been deeply involved in the industry for more than ten years, focusing on the development and production of polyimide films. A variety of PI films have been successfully developed. Applications include electrical engineering, electronics, and some aerospace and special fields.