HK Stock Market Move | Shenzhen Senior Technology Material (06067) surged over 6% as the company enters the piezoelectric ceramics industry and plans to acquire a 59.9806% stake in Bangci Electronic Technology (Yancheng).

Shenzhen Senior Technology Material (06067) surged over 6%, and as of the time of this writing, it increased by 5.12%, reaching HKD 8.01, with a transaction volume of HKD 21.2636 million. In terms of news, Shenzhen Senior Technology Material announced that on August 13, 2026, the company entered into a share transfer agreement with various transferors. The company intends to acquire a total of 59.9806% equity in the target company, Jiangsu Bangci Electronic Technology Co., Ltd., from each transferor, for a total price of RMB 242 million. As of the date of this announcement, the company holds approximately 13.50% of the equity in the target company, and following the completion of the proposed share transfer, the company will hold approximately 73.4806% of the 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 company's financial statements. The announcement stated that this acquisition of equity in the target company is part of the company's strategic layout in the new materials field, which can broaden product boundaries. As high-end manufacturing precision continues to upgrade domestically, the demand for high-performance piezoelectric ceramic driving components, such as MFCs (Mass Flow Controllers), is simultaneously increasing alongside the demand for independent and controllable technology. The target company's main products can be divided into multilayer piezoelectric ceramic stacks and single-layer piezoelectric ceramic disks. Through the acquisition of the target company, the company is entering the piezoelectric ceramic industry, leveraging its technological accumulation in this sector to tap into the incremental markets of semiconductor equipment and components, broaden its long-term growth boundaries, and create a second growth curve for the company, while simultaneously forming industry synergies between new materials and its core lithium battery business.