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HMT adjusts share price in major acquisition deal

August 8, 2025 at 05:09 PM UTC•By FilingReader AI

HMT (Xiamen) New Technical Materials is acquiring 57.84% of Shenzhen Fuchuang Youyue Technology through share issuance and cash payment.

The share issuance price was adjusted from RMB 29.88 per share to RMB 29.80 per share following the company's 2024 profit distribution. The transaction remains pending multiple approvals.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

progress announcement of Huamao Technology regarding the issuance of shares and payment of cash for asset acquisition and the raising of supporting funds, constituting a connected transactionAugust 8, 2025 at 08:00 AM UTC

HMT (Xiamen) New Technical Materials

SSE:603306•Shanghai Stock Exchange

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