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