[Tianan New Materials: Plans to acquire 62.5% equity of Jiawanguang Communications Co., Ltd. for 250 million yuan to improve the investment layout of new economic industries] On November 8, Tianan New Materials (603725.SH) announced that the company plans to acquire 62.5% equity of Shenzhen Jiawanguang Communications Co., Ltd. through capital increase and equity transfer, with a total transaction amount of 250 million yuan. Among them, the company plans to invest 70 million yuan in cash to Jiawanguang, acquiring 17.5% of the equity after the capital increase; it plans to transfer 45% of the equity held by the original shareholders after the capital increase, and the transfer consideration is tentatively set at 180 million yuan. After the transaction is completed, Jiawanguang will become a holding subsidiary of the company. Tianan New Material's current main business is polymer composite facing materials, architectural ceramics and complete delivery services. In recent years, the company has been actively looking for transformation directions while ensuring the stable development of its main business. Jiawanguang is mainly engaged in the research and development, production and sales of passive optical device products, telecommunications optical cables, chassis and other products. This acquisition will help improve the company's new economic industry investment layout.