Seashine New Materials plans to acquire a 51% stake in Shenzhen Xinwei Communication Technology Co., Ltd
Seashine New Materials plans to acquire 51% equity of Shenzhen Xinyi Communication Technology Co., Ltd. in cash. The target company focuses on the GNSS antenna positioning field, providing high-precision satellite positioning antennas and related modules, which are widely used in various industries such as drones and smart lawn mowers, and can offer customized solutions and technical support
According to the announcement from Seashine New Materials (300885.SZ), the company has signed a "Share Acquisition Intent Agreement" with Wu Wenping, Lu Linsheng, and others, intending to acquire 51% of the equity of Shenzhen Xinyi Communication Technology Co., Ltd. (hereinafter referred to as "the target company") through cash payment.
The target company's main business is the research, production, and sales of RF core components and related modules in the field of GNSS antenna positioning, such as high-precision GNSS satellite positioning antennas and Beidou satellite communication antennas. Its products are widely used in various fields, including drones, smart lawn mowers, surveying and mapping, precision agriculture, autonomous driving, and deformation monitoring. The target company not only provides products but also offers customized solutions and technical support based on the needs of different industries, meeting customers' application requirements in various complex scenarios, making it an important service provider in the industry application field
