Yitoa Intelligent Control plans major acquisition, capital raise

Shenzhen Yitoa Intelligent Control (SZSE:300131) plans to acquire 100% equity in Guilin Guanglong Integrated Technology Co., Ltd. and 80% equity in Shanghai Ao Jian Microelectronics Technology Co., Ltd. through a share issuance and cash payment. Concurrently, the company will conduct a private placement of shares to no more than 35 specific investors to raise supporting funds, with the total amount not exceeding 100.00% of the asset acquisition value and not exceeding 30.00% of the total share capital before the transaction. The acquisitions are expected to enhance Yitoa Intelligent Control’s core business, improve financial performance, and strengthen its market competitiveness.

The board of directors has affirmed that this transaction complies with Article 4 of the "Regulatory Guidelines for Listed Companies No. 9 — Regulatory Requirements for Listed Companies Planning and Implementing Major Asset Restructurings." The company's stock will resume trading on November 10, 2025, following a trading halt initiated on October 27, 2025. Final transaction prices and share issuance details are pending completion of audit and appraisal work for the target companies and will be disclosed in the restructuring report. This transaction is not expected to change the company's controlling shareholder or actual control.