Kangda New Materials intends to participate in the auction of 60.92%of the shares of Crystal Optoelectronics, with a starting price of 372 million yuan

On the evening of July 21, 2022, Kangda New Material (002669.SZ) intends to participate in the equity of Xi'an Caijing Optoelectronics Technology Co., Ltd.

The company or subsidiaries intends to use their own or self -raised funds to participate in the auction of 60.92%of the equity of 60.92%of the shares of Xi'an Caijing Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Caijing Optoelectronics"). The starting price of this part of the equity is 372 million yuan. If the auction is successful, Caijing Optoelectronics will become the company's holding subsidiary after the transaction is completed, and will be included in the company's merger statement.

Established in 2008, Caijing Optoelectronics is mainly engaged in the research and development, production and sales of LCD display materials, electronic information materials, new energy materials and pharmaceutical intermediates.

Kangda New Materials said: This transaction is conducive to increasing the integration of resource integration of listed companies and target companies, and realizing the synergy effect company is one of the domestic high -end adhesives and high -molecular new materials products. Widely used in the fields of wind power blades manufacturing, packaging materials, rail transit, electronic appliances and other fields.

At the same time, the company has gradually extended the application of materials in the front -end track in electronic information, semiconductors, and new energy. Color Crystal Optoelectronics has technical reserves in the field of hybrid LCD, photocolic glue, lithium battery electrolyte additives and other advanced new materials. Capability; in the field of display panels, it is coordinated with Weixin Technology's ITO target products.

In addition, both parties have a strong research and development talent team, which can further exchang and cooperate in development, so as to achieve their research and development advantages and development capabilities to achieve technical synergy effects.

The acquisition will help improve the overall income scale, profitability and sustainable development capabilities of listed companies, and enhance the comprehensive competitiveness of listed companies.

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