Ningbo Yunsheng announced on the evening of November 13 that it was approved by the China Securities Regulatory Commission's listed company mergers and acquisitions review committee in the 97th merger and acquisition committee work meeting in 2015, and Ningbo Yunsheng issued shares to purchase assets for unconditional approval.

According to the revised plan, the company intends to acquire 25% of the minority shareholders' equity of the magnet components held by Huiyuan Hong Kong and the holding subsidiaries of the two listed companies of Gaoke Magnetics by issuing shares to purchase assets; The company acquired 70% equity of Sheng Magnetic Technology, which was held by 10 counterparties such as Yang Jinxi and Liu Xiaohui. According to the Agreement on the Issuance of Shares to Purchase Assets, the total value of the underlying assets of the transaction was RMB 426.103 million. According to the current issue price of 19.88 yuan/share, the company intends to trade 11 shares of Huiyuan Hong Kong, Yang Jinxi and Liu Xiaohui. The other party issued a total of 214.442 million shares.

Ningbo Yunsheng rare earth permanent magnet NdFeB industrial chain layout has been expanded, magnet elements and high-tech magnetic NdFeB materials are mainly used in VCM, automotive, air conditioning, audio and medical fields, and the magnetic NdFeB products are The important materials of the hollow cup permanent magnet micro-motor are widely used in the fields of office automation (OA) equipment, aircraft drive, follow-up control of high-magnification optical drive, and machine tool servo motor.