Huichuangda Plans Cash Acquisition of 100% Equity in Chuncao Technology

中国基金报·3 Oct 2026·

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Summary · why it matters

A-share consumer electronics concept stock Huichuangda announced that it plans to acquire 100% equity in Dongguan Chuncao Grinding Technology Co., Ltd., known as Chuncao Technology, through a combination of direct and indirect acquisitions in cash. Upon completion of the transaction, Chuncao Technology will become a wholly-owned subsidiary of Huichuangda and be included in its consolidated financial statements. Huichuangda's main business is the research, development, design, production and sales of light guide structural components and assemblies, and precision key switch structural components and assemblies, with products applied in consumer electronics, automotive electronics, new energy and other fields. Chuncao Technology is a systematic service provider specializing in grinding and polishing intelligent surface treatment equipment, automated production lines and polishing consumables. It has become a qualified supplier to many leading companies in 3C, automotive parts and other fields, with well-known customers including Foxconn, Lens Technology, Luxshare Precision, Biel Crystal, BYD, Jingyan Technology and Gengde Electronics. In the secondary market, Huichuangda's share price has recently fluctuated upward. As of the close on September 30, Huichuangda fell 8.22% on the day to close at 60.97 yuan per share, with a total market value of 10.5 billion yuan.

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