According to the Zhitong Finance App, Jiang Huawei (603078.SH) announced that the company plans to use its own capital to acquire 15.50% of the shares of Jiangyin Jianghua Weifuxin Electronic Materials Co., Ltd. (“Jianghua Weifuxin”) from Mr. Yin Fuhua, for a total transaction consideration of 1,5023.84 million yuan. After the transaction is completed, the company's shareholding ratio of Jianghua Weifuxin will increase from 84.50% to 100.00%. Jianghua Weifuxin will become a wholly-owned subsidiary of the company, and the scope of the company's consolidated statements will not change due to this share acquisition.

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