Suzhou Anjie Technology Co Ltd

Suzhou Anjie Technology announced that its wholly-owned subsidiary, Suzhou Anjie Intelligent Technology, has acquired an industrial land parcel in Guangfu Town, Wuzhong District, Suzhou for 10.26 million yuan. The parcel, designated Su Wu Guo Tu 2026-WG-04, covers approximately 30,541.7 square meters with a 50-year transfer term, and the permitted industry category is core components for 3C electronics. The land is adjacent to the company's existing production base and will be used to meet future business development needs for research and development, production, and other operational facilities, reserving capacity expansion space for future growth. The company stated that the acquisition was funded by its own capital, will not affect normal business operations, and will not have a material adverse impact on its financial and operating conditions. It will proceed with payment of the land transfer fee, signing of the transfer contract, and registration of ownership certificates as required.

Suzhou Anjie Technology's wholly-owned subsidiary, Suzhou Anjie Intelligent Technology, plans to use its own funds to bid for an industrial land parcel in Guangfu Town, Wuzhong District, Suzhou. The plot covers approximately 30,541.7 square meters, with a listing starting price of 10.26 million yuan and a transfer period of 50 years. It is adjacent to the company's existing production base, aiming to improve resource utilization efficiency and production synergy, and to reserve capacity expansion space for future business development. Anjie Intelligent was established on January 6, 2026, with a registered capital of 20 million yuan, and has not yet commenced actual operations. The company stated that the funds come from its own resources and will not affect the normal operation of existing business, but the bidding result is subject to uncertainty.

Suzhou Anjie Technology Co., Ltd.'s wholly-owned subsidiary, Suzhou Weisi Dongshan Electronic Technology Co., Ltd., recently received a second relocation compensation payment of RMB 9.6063 million, accounting for 30% of the total relocation compensation of RMB 32.021 million. As of the announcement date, Weisi Dongshan has cumulatively received relocation compensation of RMB 19.2126 million, representing 60% of the total. This relocation is due to the unified planning needs of Luzhi Town, Wuzhong District, Suzhou City, where the property leased by Weisi Dongshan was included in the relocation scope. The compensation mainly covers equipment relocation, equipment repurchase, and other expenses. The company previously received the first compensation payment in April 2026 and stated that it will conduct accounting treatment in accordance with the Accounting Standards for Business Enterprises, with the specific impact subject to the annual audit.

Anjie Technology's wholly-owned subsidiary, Suzhou Weisi Dongshan Electronic Technology, has completed the acquisition of a 51% stake in Suzhou Zhifeng MIM Powder Metallurgy. Following the industrial and commercial registration change, Suzhou Zhifeng has become a controlled subsidiary of the company. The base consideration for the transaction is 204 million yuan. If Suzhou Zhifeng's audited net profit for 2026 exceeds 40 million yuan, a contingent consideration will be paid based on the valuation increment, capped at 51 million yuan, bringing the total transaction consideration to no more than 255 million yuan. The company's board of directors reviewed and approved the acquisition on June 30, 2026.