shengtak new materials announced that the company plans to acquire 17% of the equity of Jiangsu Ruimei Auto Parts Co., Ltd. for 74.8 million yuan in cash. After the completion of this transaction, the company will directly hold 68% of Jiangsu Ruimei's equity. The transaction has been approved by the company's board of directors and board of supervisors, and does not require approval by the shareholders' meeting. The two parties signed the agreement on October 28, 2024, with the company purchasing their respective shares from the other party for 59.1254 million yuan, 8.8418 million yuan, and 6.8328 million yuan. This transaction does not constitute a major asset reorganization, and there is still uncertainty in its future implementation.