Huasu Technology: The controlling subsidiary plans to purchase water-based zinc battery product assets for 51.4139 million yuan

MetaMuskRat · 2026-03-13T11:20:28+00:00

Huasche Technology Holdings' subsidiary Huazinc Energy plans to acquire Dongguan Dazinc's aqueous zinc-based battery-related assets for RMB 51.4139 million in cash to obtain mature R&D results, equipment, and intellectual property, aiming to rapidly establish technology and production systems and shorten R&D and commercialization cycles.

MetaMuskRat

2026-03-13 11:20:28

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People’s Financial News, March 13 — Huashu Technology (301157) announced on March 13 that its controlling subsidiary, Huazin Energy, plans to purchase all operational assets related to water-based zinc battery product research, development, production, and sales from Dongguan Dazhin Energy Co., Ltd. (referred to as “Dongguan Dazhin”). The assets include, but are not limited to, inventory, fixed assets, development expenses, intangible assets, and other related items. After negotiations, both parties agreed on a transaction price of 51.4139 million yuan (including VAT) for this asset purchase. This acquisition aims to enable Huazin Energy to quickly implement its business by directly obtaining Dongguan Dazhin’s mature research and development results, related equipment, and intellectual property in water-based zinc batteries. This move will help Huazin Energy rapidly build its technology and production systems, shorten product development and commercialization cycles, and respond swiftly to market demand.

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