Zerun Xinneng (301636.SZ) plans to acquire no less than 51% of Hechuang Intelligent Manufacturing

<合作框架协议>Zhitong Finance App News, Zerun Xinneng (301636.SZ) issued an announcement. The company held the 5th meeting of the 2nd board of directors on October 9, 2026. The meeting reviewed and passed the “Proposal on Planning and Equity Acquisition Matters”. On the same day, the company signed a “Cooperation Framework Agreement” with Dongguan Hechuang Intelligent Manufacturing Technology Co., Ltd. (hereinafter referred to as “Hechuang Intelligent Manufacturing” or “Target Company”), its shareholders Wang Qiang, Dongguan Chuangzhi Exhibition Venture Capital Partnership (Limited Partnership), and Li Xiong. The company plans to acquire no less than 51% of Hechuang Intelligent Manufacturing's shares through a cash purchase. After the transaction is completed, Hechuang Intelligent Manufacturing will become the company's holding subsidiary.

The target company is mainly engaged in R&D, production and sales of thermal management cooling components. It mainly provides cooling solutions and services for servers, telecom networking, video card acceleration cards, intelligent projection, AI intelligent hardware, industrial equipment, new energy power and PC products. Downstream end customers cover fields such as power and new energy sources. The two sides have many opportunities for collaboration in R&D, technology, downstream customers, etc. If the transaction is successfully implemented, the listed company can quickly enter the cooling field and use the R&D and process advantages of the listed company to help the target company's product transformation and upgrading; it will help the target company to establish business docking and cooperative relationships with a large number of existing downstream customers (especially in the fields of new energy vehicles, energy storage, etc.) to achieve collaborative development.