Follett Glass (06865) plans to spend about 60.39,900 yuan to acquire 60% of Shanghai Fulai Ruicheng's shares

Zhitongcaijing · 2d ago

According to Zhitong Finance App, Follett Glass (06865) announced that on August 5, 2026, the company signed an equity transfer agreement with Yihe Investment. The company plans to acquire 60% of Shanghai Fulai Ruicheng's shares with Yihe Investment. The total transaction price is approximately RMB 60.39,900. After the acquisition is completed, Shanghai Fulai Ruicheng will become a wholly-owned subsidiary of the company, and financial data will be included in the scope of the company's consolidated statements.

At the strategic level, this acquisition will give the company complete strategic autonomy, and can independently determine the R&D direction, market strategy and resource allocation of Shanghai Fulai Ruicheng, so that it fully serves the overall strategy of the group. At the same time, limited collaboration under shareholding will be upgraded to business integration, and Shanghai Fulai Ruicheng's R&D and sales processes can be fully integrated into the company's existing business system to achieve a seamless connection from research and development of new materials to mass production. At the business level, Shanghai Fulai Ruicheng focuses on new material technology research and development, technical glass products, functional glass and new optical materials sales. The direction and pace of research and development can be directly controlled by the company to ensure that technological achievements prioritize the upgrading of its own products.