New Jin Gang(300629.SZ): Plans to acquire controlling stake in Gaozhi Technology

Gelonghui, March 9 — Xinjin Gang (300629.SZ) announced that on March 8, 2026, the company signed an “Acquisition Letter of Intent” with Hunan Gaozhi Technology Co., Ltd. (referred to as “Target Company” or “Gaozhi Technology”) and its controlling shareholder, Changsha Yijin Management Consulting Co., Ltd. (referred to as “Changsha Yijin”) and the actual controllers, Zhang Yi and Zhang Rong. The company plans to acquire a controlling stake in Gaozhi Technology with cash. After the transaction is completed, Gaozhi Technology will become a controlling subsidiary of the company.

The target company mainly focuses on intelligent simulation information systems for special application fields, as well as the research, development, production, and sales of key components for aircraft, with the capability of overall aircraft design. The target company has synergistic and complementary effects with the company in terms of technology and market. After the listed company acquires Gaozhi Technology, it will help upgrade the entire value of the company’s industrial chain. On one hand, the company will build deep integration of software and hardware to develop intelligent products and services, laying a solid foundation for creating a leading domestic platform for intelligent products and services in special application fields. On the other hand, the company will establish comprehensive, full-stack R&D, design, and manufacturing capabilities in two major areas: aircraft and anti-unmanned systems.