Haitian International (01882) subsidiary intends to purchase automatic processing lines, CNC lathes, machining centers and related equipment for a total of 173 million yuan.

HAITIAN INT'L (01882) announced that on April 16, 2026, Ningbo Haitian Precision Machinery Co., Ltd. (Ningbo Haitian Precision Machinery, as the seller) entered into a machine equipment purchase agreement with its indirect wholly-owned subsidiary Haitian Plastic Machinery Group Co., Ltd. (Haitian Plastic Machinery, as the buyer). Under the agreement, Ningbo Haitian Precision Machinery agreed to sell and Haitian Plastic Machinery agreed to purchase automatic processing lines, CNC lathes, processing centers, and related equipment manufactured by Ningbo Haitian Precision Machinery, for a total consideration of approximately RMB 173 million (equivalent to approximately HKD 198 million). The group has previously purchased automatic processing lines, CNC lathes, and processing centers from Ningbo Haitian Precision Machinery to process components and parts for the group's injection molding machines. To enhance the group's parts processing capabilities, the group will need new automatic processing lines, CNC lathes, processing centers, and related equipment. The company believes that the automatic processing lines, CNC lathes, processing centers, and related equipment produced by Ningbo Haitian Precision Machinery are competitive in terms of technology, performance, and price compared to similar products from domestic and overseas suppliers in the market, and Ningbo Haitian Precision Machinery's products have always been able to meet the group's requirements.