Chengdu Tuowei Hi-Tech Optoelectronics Technology Co., Ltd. intends to acquire a 58.89% stake in Chengdu Tuowei Display Electronic Materials Co., Ltd. from Highbroad Advanced Material Co., Ltd., Hefei Heli Investment Management Co., Ltd, Bian Jing, Li You and Wang Dong for CNY 48 million.
October 18, 2022
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Chengdu Tuowei Hi-Tech Optoelectronics Technology Co., Ltd. intends to acquire a 58.89% stake in Chengdu Tuowei Display Electronic Materials Co., Ltd. from Highbroad Advanced Material (Hefei) Co., Ltd. (SZSE:301321), Hefei Heli Investment Management Co., Ltd, Bian Jing, Li You and Wang Dong for CNY 48 million on October 17, 2022. Prior to the transaction, Highbroad Advanced Material holds 33.33% stake, Hefei Heli Investment Management Co., Ltd. holds 11.11% stake, Bian Jing holds 6.67% stake, Li You holds 5.56% stake and 2.2% stake in Wang Dong. Asia Pacific (Group) Accounting Firm (Special General Partnership) acted as an accountant to Chengdu Tuowei Hi-Tech Optoelectronics.
Highbroad Advanced Material Hefei Co Ltd is a China-based company mainly engaged in the provision of backlight display modules for semiconductor display panels. The Company is specialized in optical design, light guide plate design, precision mold design, overall structure design and intelligent manufacturing. The Company''s main products include backlight display modules, light guide plates, precision structural parts, optical materials and other related components. Its products are used in terminal products such as notebook computers, desktop monitors, tablet computers, car screens, medical monitors and industrial control monitors. The Company distributes products both in the domestic market and to overseas markets.
Chengdu Tuowei Hi-Tech Optoelectronics Technology Co., Ltd. intends to acquire a 58.89% stake in Chengdu Tuowei Display Electronic Materials Co., Ltd. from Highbroad Advanced Material Co., Ltd., Hefei Heli Investment Management Co., Ltd, Bian Jing, Li You and Wang Dong for CNY 48 million.
HIGHBROAD ADVANCED MATERIAL (HEFEI) CO., LTD. 
