
KP TECH: Plans to acquire 100% equity of Soulu Electronics for 198 million yuan
KP TECH. announced that the company plans to use its own and raised funds to purchase 100% equity of Soulu Electronics held by Hainan Xiangjuan and KP Holdings, with the final transaction price set at 198 million yuan. Soulu Electronics' main products are divided into four categories: PCBA products, laser products, LED products, and motor control modules. The sales revenue of Soulu Electronics is mainly classified into four categories: PCBA product revenue, laser product revenue, LED product revenue, and motor controller module revenue, with PCBA product revenue and LED product revenue being the main sources of income, accounting for more than 80% in total. After the completion of this transaction, Soulu Electronics will be included in the company's consolidated financial statements, which will help reduce related party transactions

