Shenzhen Senior Technology Material (06067) plans to acquire 59.9806% equity of Bangci Electronic Technology (Yancheng) for 242 million yuan.

Shenzhen Senior Technology Material (06067) announced that on August 13, 2026, the company entered into a share transfer agreement with various transferors, and it intends to acquire a total of 59.9806% equity held by the transferors in the target company, Bangci Electronic Technology (Yancheng) Co., Ltd., with a total consideration of RMB 242 million. As of the date of this announcement, the company holds approximately 13.50% equity in the target company. After the proposed share transfer is completed, the company will own approximately 73.4806% equity in the target company, which will become a non-wholly owned subsidiary of the company. The financial performance of the target group will be consolidated into the group's financial statements. The board of directors believes that this acquisition of equity in the target company is a strategic move for the company in the new materials field, which can broaden the product boundaries, with the following reasons and benefits: (1) From an industry perspective, as the domestic high-end manufacturing precision continues to upgrade, the demand for high-performance piezoelectric ceramic driving components, such as MFC (mass flow controller), has increased in tandem with the need for self-sufficiency. Currently, the domestic market share in this sector is relatively low, and there are external risks in the supply chain. The main products of the target company can be divided into multilayer piezoelectric ceramic stacks and single-layer piezoelectric ceramic sheets. The multilayer piezoelectric ceramic stack produces precise (nanometer-level) displacement under the influence of an electric field, enabling piezoelectric microfluidic control and piezoelectric micro-displacement platforms. The main application scenarios for piezoelectric microfluidic control include MFC mass flow controllers, lithium battery coating film heads, piezoelectric dispensing machines/valves, and medical micro-injection; the main application scenarios for piezoelectric micro-displacement platforms include micro-displacement control in high-end semiconductor precision equipment, fast reflectors for ATP tracking core components in satellite laser communication, and deformable mirrors for core components in star-ground laser communication. Single-layer piezoelectric ceramic sheets are widely used in ultrasonic transducers to achieve functions such as ultrasonic welding and ultrasonic cleaning. By acquiring the target company, the company enters the piezoelectric ceramic industry, leveraging its technological accumulation in the piezoelectric ceramic field to tap into the incremental markets of semiconductor equipment and components, thereby broadening the medium- to long-term growth boundaries, creating a second growth curve for the company, and simultaneously forming an industrial synergy between new materials and the lithium battery main business. (2) From a commercial perspective, after due diligence and business audits, the target company's 2026 operating performance is showing rapid growth, with a sufficient order backlog and strong certainty and sustainability in business development; the willingness of existing shareholders to transfer equity in this proposed share transfer is clear, and the transaction pricing is reasonable. The company can acquire high-quality industrial assets at reasonable costs, further enhancing overall operational quality and investment returns, creating long-term value for all investors. (3) From an industrial perspective, the core customer base between the company and the target company in the lithium battery industry chain is highly overlapping, providing a significant foundation for industrial synergy. After the completion of this proposed share transfer, both companies can leverage their respective resource advantages to carry out channel complementarity and cross-selling, deepen service capabilities to core customers, and promote technological integration and product iteration, jointly advancing technological progress in the industry. After the completion of the proposed share transfer, the target company will become a controlling subsidiary of the company and will be included in the company's consolidated financial statements. Through subsequent resource integration and empowerment, the company will continuously enhance overall operational efficiency and core competitiveness. The company's ability to withstand risks will be effectively strengthened, which aligns with the interests of all shareholders and the company.