---
title: "LYE plans to acquire a 120 million yuan controlling stake in Weisi Shuanglian, seeking resource synergy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/242434204.md"
description: "LYE plans to acquire 51% equity of Weisi Shuanglian for 120 million yuan, becoming its controlling subsidiary. Weisi Shuanglian focuses on high-tech products such as ultra-thin absorbing materials, which are widely used in consumer electronics and new energy vehicle manufacturing. This acquisition will promote resource synergy and complementary technological advantages between the two parties"
datetime: "2025-05-29T14:47:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/242434204.md)
  - [en](https://longbridge.com/en/news/242434204.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/242434204.md)
generator: "portal-rs"
---

# LYE plans to acquire a 120 million yuan controlling stake in Weisi Shuanglian, seeking resource synergy

According to the Zhitong Finance APP, LYE (301389.SZ) announced that the company plans to use RMB 120 million to acquire a total of 51.00% equity held by the original shareholder of Changzhou Weishuanglian Technology Co., Ltd. (referred to as "Weishuanglian"), Ningbo Xinguang Shuanglian Enterprise Management Consulting Partnership (Limited Partnership) (referred to as "Ningbo Xinguang"). Upon completion of the transaction, Weishuanglian will become a controlling subsidiary of the company and will be included in the company's consolidated financial statements.

The announcement shows that Weishuanglian is a high-tech enterprise engaged in the research and development, production, and sales of ultra-thin wave-absorbing materials, thermal conductive materials, thermal insulation materials, and functional coating composite materials, with advanced technological advantages in glue synthesis, modification, dispersion, and precision coating. The self-developed rubber glue formula and manufacturing method of Weishuanglian are applied in glue synthesis, modification treatment, and coating processes, making its products technologically leading in ultra-high peel strength and high elongation. Its independently developed magnetic field orientation technology has gained international recognition from major clients for products such as electromagnetic shielding films and electromagnetic absorption materials in terms of ultra-high magnetic permeability and other performance metrics. Weishuanglian's products are mainly applied in the fields of consumer electronics and new energy vehicle manufacturing, achieving wave absorption, thermal conduction, and heat dissipation functions between electronic components or functional modules of laptops, tablets, and new energy vehicles. Weishuanglian focuses on providing customers with diverse, reliable, and stable products and solutions. Through this transaction, LYE will expand its deep cultivation and research and development layout of materials, achieving complementary advantages and resource synergy between both parties

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**