Otway announced on August 16 that the company intends to acquire 100% equity of Pule New Energy (Bengbu) Co., Ltd. ( "Pule New Energy") from Shanghai Dingfu Technology Co., Ltd. ( "Shanghai Dingfu") in cash of 270 million yuan.
As of the date of this announcement, the relevant parties have signed the Equity Transfer Contract, and have not yet completed the procedures for equity transfer and industrial and commercial changes. According to
the data, Otway is mainly engaged in the research and development, design, production and sales of high-end intelligent equipment for photovoltaic , lithium-ion and semiconductor, including screen printing line and light injection annealing furnace. Pule New Energy takes coating technology as its core, and has the design and process capabilities of vacuum coating equipment for solar cells such as LPCVD.
The acquisition of Pule New Energy will improve the company's R & D and production capacity of battery equipment, enrich the company's product structure in the field of battery equipment, form new business growth points, and strengthen the depth and breadth of cooperation between the company and customers. Otway will also support the development of Pule New Energy in terms of capital, management and marketing, integrate resources, further improve its business and commercial operation capabilities, and expand its production and sales scale, both of which have good synergies.
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