[Xiongsu Technology: Plans to acquire no more than 80% of the equity of Xinyuan New Materials] On October 8, Xiongsu Technology (300599.SZ) announced that the company plans to acquire no more than 80% of the equity of Shenzhen Xinyuan New Materials Co., Ltd. in cash. The overall valuation of the target company's 100% equity is tentatively not more than 800 million yuan, and the cash consideration is not more than 640 million yuan. Xinyuan New Materials' net profit in 2025 will be approximately 50 million yuan, and its net profit in the first half of 2026 will be approximately 30 million yuan. The performance commitment period is from 2026 to 2028. The net profit in 2026 will not be less than 58 million yuan, and the cumulative three-year period will not be less than 192 million yuan. This transaction is still in the planning stage and there are uncertainties.