Jiahe Intelligence announced that on September 17, 2026, the company signed an “Purchase Intent Agreement” with four shareholders including Shen Shengmeng to acquire 55% of Dongguan Huaze Electronic Technology Co., Ltd.'s shares in cash. The total transaction is estimated at RMB 330 million. After the acquisition is completed, Huaze Electronics will become the company's holding subsidiary.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.