Longqi Technology (09611) plans to acquire 80% of Suzhou Anruike Information Technology's shares for 1.12 billion yuan

Zhitong Finance App News, Longqi Technology (09611) announced that on August 13, 2026, the company signed an equity transfer agreement with the seller (Ren Liguo, Ding Zhiyong, Chen Bo, Wang Zhonghui, Suzhou Ruiyongying and Computing Network Investment), namely the founder's share transfer agreement, incentive platform share transfer agreement, institutional seller share transfer agreement, and natural person seller's share transfer agreement. Based on this, the company agreed to acquire 80% of the shares of the target company (i.e. Suzhou Anruike Information Technology Co., Ltd.) with the total cost of RMB 1.12 billion.

After the acquisition and settlement, the target company will hold 80% of the shares and become a non-wholly-owned subsidiary of the Company, and its financial results will be incorporated into the Group's financial statements.

The company focuses on ODM manufacturing of smart products and provides one-stop services covering R&D and design to manufacturing for brand customers in consumer electronics and other industries. Our product line includes smartphones, tablets, AIoT products, automotive electronics, and AI PCs. The target company is a supplier of data center infrastructure products and solutions, focusing on R&D, manufacturing and system integration of data center infrastructure and key equipment. The core products include server cabinets, PDUs, busbars, low-voltage power distribution equipment, etc., and is a national high-tech enterprise. In recent years, the target company has been deeply involved in the field of data center infrastructure for a long time. With its accumulated solution design experience, customer service capabilities and sales channel resources in the data center infrastructure field, it has participated in the construction of many data center projects, established stable cooperative relationships with some customers, and has the ability to serve major customers.

After delivery, the target company will become a non-wholly-owned subsidiary of the Company, and its financial results will be comprehensively recorded in the Group's financial statements. The target company's design and service capabilities in the field of data center infrastructure will help the company enter the data center infrastructure field, expand the Group's business layout, and strengthen the Group's customer resources and service capabilities, which meet the company's strategic development needs. The cost will be disbursed from the Company's internal resources without using any proceeds from the Company's H share listing, and the Company currently does not anticipate that this acquisition will have a significant adverse impact on its cash flow situation.