According to the Zhitong Finance APP report, bomin electronics (603936.SH) announced that the company plans to acquire 86.85% equity of Meizhou Benchuang Electronics Co., Ltd. (referred to as "Benchuang Electronics") with cash not exceeding RMB 0.25 billion. Upon completion of the acquisition, the company will hold 100% equity of Benchuang Electronics, making it a wholly-owned subsidiary of the company.

It is reported that Benchuang Electronics is one of the few local companies in Meizhou with full-process capability in HDI board fabrication. Due to its close proximity and strong comprehensive strength in HDI technology and production capacity in Meizhou, especially in HDI, there are positive expectations for synergistic and mutually beneficial development with the company in terms of business, customers, and production capacity, effectively addressing the company's structural production bottleneck in the HDI peak season. On the other hand, acquiring Benchuang Electronics will help the company reduce the outsourcing procurement links in the production of certain products, reduce the scale and cost of outsourcing services procurement from external service providers, optimize and improve the efficiency and quality of the company's related product production.

In 2021, the company initiated the new generation of electronic information industry investment expansion project (Phase I), which is expected to start production by the end of 2024. The project focuses on high multilayer and HDI high-end PCB products, with application areas including 5G communication, servers, industrial control, autos, etc. Prior to this, the company faced certain structural production bottlenecks in high-end PCB products, especially in the server field, needing to further target the relevant production capacity of Benchuang Electronics to meet customer demands. Therefore, this acquisition is beneficial to the company in meeting the product and capacity needs of high-end customers before the completion of the new project construction, while also proactively preparing relevant customer resources and orders for product application areas for the early operation of the new project.