YD Electronic Technology (301123.SZ) plans to acquire the minority shareholder equity of Shenzhen Guanding for 116 million yuan, with its shareholding ratio to rise to 80%.

YD Electronic Technology (301123.SZ) announced that the company has signed an Equity Transfer Agreement with Liang Lizhuang and Qiu Wansheng. Liang Lizhuang will transfer his capital contribution of RMB 1.25 million in Shenzhen Guanding Metal Technology Co., Ltd. (referred to as "Shenzhen Guanding"), corresponding to a 25% equity interest in Shenzhen Guanding, to the company at a price of RMB 100 million; Qiu Wansheng will transfer his capital contribution of RMB 200,000 in Shenzhen Guanding, corresponding to a 4% equity interest in Shenzhen Guanding, to the company at a price of RMB 16 million. Upon completion of this acquisition, the company will hold an 80% equity interest in Shenzhen Guanding, and the scope of the company's consolidated financial statements will remain unchanged. The company previously obtained controlling rights over Shenzhen Guanding, achieving a strategic layout in the liquid cooling business. The company has collaborated efficiently with the Shenzhen Guanding team, with notable results in business integration. The company's deep-rooted precision manufacturing DNA and Shenzhen Guanding's liquid cooling manufacturing experience and technological and process advantages have generated strong synergies, achieving excellent integration of technology, production capacity, customers, and supply chain. The company's liquid cooling business has continued to develop favorably and has become a new engine for the company's business development and performance growth. This acquisition of minority shareholder equity in Shenzhen Guanding is an important measure to advance the company's liquid cooling business development strategy in depth. By increasing the shareholding ratio, the company will deeply integrate Shenzhen Guanding's liquid cooling business with the company's strategic development, further unify operational decisions and development goals, deepen the strategic layout of "connectors + liquid cooling" and "precision electronics + liquid cooling," fully unlock the synergistic value of R&D, manufacturing, customers, and supply chain, consolidate the company's competitive position in the AI computing power liquid cooling and heat dissipation field, enhance the operational efficiency and business scale of the liquid cooling business, strengthen the competitive advantages of the company's liquid cooling business, and boost the company's performance. This aligns with the company's overall interests and future development strategy and is conducive to continuously creating greater value for shareholders.