Zhongyan Dadi (003001.SZ) plans to acquire a 60% stake in Xinhuan Yu to expand into the PCB drill bit and cutting tool industry.

Zhitong Finance APP News, Zhongyan Dadi (003001.SZ) announced that the company's board of directors has approved the "Proposal on Signing Equity Acquisition-Related Agreements." The company plans to acquire a 60% equity stake in Shenzhen Xinhuan Yu Precision Technology Co., Ltd. (referred to as "Xinhuan Yu") through equity acquisition and capital increase. The counterparties include Li Kunlun, Shenzhen Weijing Investment Partnership (Limited Partnership), and Ji'an Luling Industrial Development Fund Partnership (Limited Partnership).