The Zhitong Finance App learned that Guoen Technology (02768) once fell more than 20%, and the company's A-share Guoen shares fell to a halt this morning. As of press release, it decreased by 18.04% to HK$36.62, with a turnover of HK$97.4028 million.

According to the news, on the evening of October 12, Guoen Technology announced that the company signed an equity acquisition agreement with Lai Minggui and Sichuan China Fluorine Energy New Material Technology Co., Ltd. on October 11 to acquire 80% of China Fluorine Energy's shares in cash. After the transaction is completed, China Fluorine Energy will become a holding subsidiary within the scope of the company's consolidated statements. Medium Fluorine Energy's core products include sulfur hexafluoride, carbon tetrafluoride, and nitrogen trifluoride. This acquisition will help the company enter the high-purity electronic specialty gas field with high barriers and high added value, and can complement the current consumer industries such as home appliances and automobiles in the company's downstream application fields.

According to reports, the overall valuation of this target is 1.88 billion yuan, with an estimated value-added rate of 200.07%. It should be noted that in January of this year, Haohua Gas Co., Ltd. sued China Fluorine Energy, Lai Minggui, and 3 employees for infringing trade secrets; in April 2026, China Fluorine Energy also filed a civil lawsuit over commercial slander. Both lawsuits are currently under trial.

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.