T&S Acquires Controlling Stake in Hechuan Powder to Bolster Production Capabilities

T&S has officially acquired a 79% stake in Jingdezhen Hechuan Powder Technology Co., Ltd. for RMB 2,047,680, making it a controlling shareholder. Following this strategic move, T&S injected an additional RMB 27,972,320 to expand production capacity, demonstrating its commitment to strengthening its supply chain and production efficiency.

Hechuan Powder specializes in the production and sales of nanometer ceramic powder and nanometer ceramics. The company's flagship product, nanometer ceramic powder, serves as a critical raw material for the production of ceramic components. With its own advanced production facilities and equipment, Hechuan is well-positioned to scale up production as market demand increases. Additionally, Hechuan's capability to manufacture powder and ferrule blanks on a large scale aligns with T&S's strategic goals of enhancing production efficiency and vertical integration.

This acquisition represents a key step for T&S in upgrading its production technology, optimizing its product supply chain, and strengthening its competitive edge in the market for ceramic ferrules and other optical communication components. T&S disclosed the transaction on October 27, 2017, through the Start-Up Board of China's Securities Regulatory Commission (Announcement No.: 2017-057).