---
title: "HIGA plans to acquire 100% equity of Tian'en Electronics for 235 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260447503.md"
description: "HIGA plans to acquire 100% equity of Taizhou Tian'en Electronics Co., Ltd. for 235 million yuan, and the transaction will be completed through cash payment, funded by self-owned and self-raised funds. This acquisition aims to enhance the company's supporting capabilities in the home appliance components industry chain and strengthen its overall competitiveness. The target company mainly operates glass products related to home appliance components, with LG as its core customer, and is expected to achieve synergies in technology research and development, supply chain integration, and optimization"
datetime: "2025-10-09T11:57:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260447503.md)
  - [en](https://longbridge.com/en/news/260447503.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260447503.md)
---

# HIGA plans to acquire 100% equity of Tian'en Electronics for 235 million yuan

According to the Zhitong Finance APP, HIGA (603150.SH) announced that in order to further enhance the company's supporting capabilities in the home appliance components industry chain and strengthen its overall competitiveness, the company has signed a "Share Transfer Agreement" with the existing shareholder of Taizhou Tian'en Electronics Co., Ltd. (referred to as the "Target Company" or "Tian'en Electronics") HAYOUNG SPECIAL GLASS CO.,LTD (hereinafter referred to as "HAYOUNG Company") to purchase 100% of the equity held by HAYOUNG Company in Tian'en Electronics. The transfer price is RMB 235 million, and the company will complete this transaction in cash, with funds sourced from its own and self-raised funds.

After this equity acquisition, the Target Company will be included in the company's consolidated financial statements. The Target Company mainly engages in the research and development, production, and sales of glass products related to home appliance components, with core products including refrigerator glass doors, refrigerator glass shelves, and washing machine glass doors, and its core customer is LG. This investment can achieve synergies with the company's existing glass-related business in multiple dimensions such as technological research and development, supply chain integration and optimization, and market resource sharing, which will help enhance the scale and overall competitiveness of the glass-related product business, aligning with the company's strategic planning

### Related Stocks

- [603150.CN](https://longbridge.com/en/quote/603150.CN.md)

## Related News & Research

- [Economist Justin Wolfers Warns We Will Be Paying 'Iran Tax' For Months If Not Years And The 'Hit' To Family Budgets Will be 'Very Real'](https://longbridge.com/en/news/287501129.md)
- [Platner: Bezos ‘pitching … propaganda’ to protect himself, ‘crony friends’](https://longbridge.com/en/news/287652499.md)
- [If Iran Imposes A Permanent Toll On Hormuz, Who Will Start Charging Next: Deep Dive Inside The World's Oil Chokepoints](https://longbridge.com/en/news/287441335.md)
- [Will the Bond Market or AI Stocks Pop Under Fed Warsh?](https://longbridge.com/en/news/287646125.md)
- [Morphy's Will Breeze Into Summer With a June 10-11 Fine & Decorative Arts Auction Featuring Nearly 1,200 High-Quality Lots](https://longbridge.com/en/news/287647115.md)