Group 1 - The core point of the article is that Tianyouwei (603202.SH) announced the acquisition of 100% equity in Kramer Automotive Systems GmbH for €1 million, aligning with its internationalization strategy to expand into the European market and enhance profitability and competitiveness [1] Group 2 - Kramer Automotive Systems GmbH, established in 1974 and based in Reutlingen, Germany, specializes in the research and manufacturing of in-vehicle infotainment systems, digital cockpits, and connected vehicle solutions [1] - As of June 30, 2025, Kramer reported total assets of 12.99 million RMB, total liabilities of 19.52 million RMB, and a net asset value of -6.53 million RMB, indicating a financially distressed position [1] - For the fiscal year 2024, Kramer generated operating revenue of 90.44 million RMB but reported a net loss [1] - The valuation of Kramer was determined using the market approach, with the total equity value assessed at 8.57 million RMB, reflecting an increase of 231.16% over the book net assets [1] - The final transaction price of €1 million was negotiated based on this valuation [1]

Group 1 - The company plans to acquire 100% equity of Kr?mer Automotive Systems GmbH for €1,000,000 using its own funds, which will be consolidated into the company's financial statements after the acquisition [2][3] - This acquisition aligns with the company's international development strategy, enhancing its market competitiveness and ability to expand into the European market, particularly targeting high-end passenger vehicle customers [3][21] - The acquisition is not classified as a related party transaction or a major asset restructuring under relevant regulations, and it has already passed internal decision-making processes without needing board or shareholder approval [2][4] Group 2 - The target company, Kr?mer Automotive Systems GmbH, is based in Germany with a registered capital of €128,000 and is currently operating normally without any legal encumbrances [6][21] - The valuation of the target company was conducted by Yinxin Asset Appraisal Co., which determined the total equity value to be approximately ¥8.57 million, reflecting a 231.16% increase compared to its book value [9][10] - The acquisition contract stipulates that the transfer price is set at €1,000,000, and the payment will be made via irrevocable wire transfer upon completion of the necessary approvals [13][15] Group 3 - Post-acquisition, the target company will become a wholly-owned subsidiary, and the integration is expected to enhance the company's revenue sources and overall market value recognition [21][22] - The acquisition will not involve changes in the management or personnel of the target company, and it is anticipated to create synergies in technology development and market resource sharing [22][21] - The company will ensure compliance with legal requirements regarding related party transactions and will not create new competition within the industry post-acquisition [22]

Core Viewpoint - Tianyouwei aims to acquire German automotive electronics supplier Krämer Automotive Systems GmbH for €1 million, despite the company being in a state of insolvency, with a negative net asset value of -6.53 million yuan as of June 30, 2025. The acquisition is seen as a strategic move to penetrate the European high-end passenger car market and enhance international operations [1][2][3]. Group 1: Acquisition Details - Tianyouwei plans to use its own funds to purchase 100% of Krämer's shares, aligning with its strategy for international development and market expansion in Europe, particularly targeting high-end passenger car clients [2][4]. - Krämer, established in 1974, has previously worked with luxury car brands such as Porsche and Mercedes but has faced financial difficulties, leading to a bankruptcy filing due to a lack of significant orders [2][3]. - The valuation of Krämer shows a significant increase of 231.16%, with an estimated shareholder equity value of 8.57 million yuan compared to its negative net asset value [3]. Group 2: Financial Performance - Krämer's financials indicate a total asset value of 12.04 million yuan and a net loss of 149.37 million yuan in the first half of the current year, with total revenue of 1.14 million yuan [3][4]. - Tianyouwei's overseas sales gross margin exceeds 40%, while domestic sales gross margin is just over 20%, highlighting the profitability of international operations [7]. Group 3: Strategic Implications - The acquisition is expected to enhance Tianyouwei's market competitiveness and industry position by leveraging Krämer's customer relationships and sales channels in Europe [4][5]. - The integration of Krämer's sales team and customer base is anticipated to create synergies in technology development and market resource sharing, benefiting both companies [4][5]. - Tianyouwei is also expanding its global footprint by establishing subsidiaries and production bases in Mexico and South Korea to better serve international clients [6].

Core Viewpoint - The company plans to acquire 100% of Krmer Automotive Systems GmbH for €1 million, which will enhance its market position and operational capabilities in the automotive sector [1][2][3] Group 1: Acquisition Details - The acquisition will be funded using the company's own funds and will result in Krmer being fully consolidated into the company's financial statements [1] - Krmer specializes in the development and manufacturing of in-vehicle infotainment systems, digital cockpits, and connected vehicle solutions [1] - The acquisition aligns with the company's strategy to expand its international presence and enhance its product offerings [3] Group 2: Strategic Implications - The acquisition is expected to positively impact the company's future development by leveraging Krmer's sales team and customer relationships, particularly with high-end automotive manufacturers [2] - It will strengthen the company's sales channel in Europe and improve its competitive position in the region [2][3] - The integration of Krmer's operations is anticipated to create synergies in technology development and market resource sharing, benefiting both entities [2][3] Group 3: Future Growth Plans - The company aims to continue developing its automotive instrument business while expanding its global market share and seeking growth opportunities in international markets [2] - Plans include establishing subsidiaries and production bases in Mexico and South Korea to enhance responsiveness to international clients [2] - The company expects its new factory in Mexico to begin operations by June 2025, targeting the North American market [2]

Group 1 - Wanma Technology has been pre-awarded a total of 59.9434 million yuan for multiple State Grid projects, which accounts for 14.49% of its latest audited main business revenue [1] - Tianen Kang's subsidiary received a drug registration certificate for Methimazole tablets, a medication used for hyperthyroidism [2] - Taijing Technology invested 10 million yuan to establish a special fund focused on high-speed network communication chips [3] Group 2 - Youyou Foods plans to use 10 million yuan of its own funds to purchase principal-protected financial products with an expected annual yield of 0.5%-5.0% [4] - Yangfan New Materials announced the release of detention measures against its controlling shareholder, allowing him to resume his duties [5] - Xianju Pharmaceutical received approval for a supplementary application for Nicardipine injection, a calcium channel blocker used for acute hypertension [6] Group 3 - Jingu Co. plans to repurchase shares worth 30-60 million yuan for employee stock ownership plans or equity incentives [7] - Double Tower Foods' Thai subsidiary has completed the construction of its production line and is in the initial production phase [8] - Tongyi Zhong intends to invest approximately 198 million yuan in a project for the industrialization of ultra-high molecular weight polyethylene fibers [9][10] Group 4 - Zhangyue Technology received a dividend of 4.99 million yuan from its stake in Dianzhong Technology, which represents 10.12% of its audited net profit for 2024 [11] - Sihua Electronics announced the resignation of its general manager due to job transfer, with the current manager continuing until a new one is appointed [12] - Jiutian Pharmaceutical's new drug JMHT06 has received approval for clinical trials for acute gouty arthritis [13] Group 5 - Anlian Ruishi has established a joint venture for embodied intelligent robots with a registered capital of 20 million yuan [14] - Kelin Electric's application for a private placement has been accepted by the Shanghai Stock Exchange [15] - Guoyao Modern's subsidiary has received approval for the listing of Agomelatine raw materials, used in antidepressant synthesis [16] Group 6 - Xintiandi's application for the listing of Ferrous Fumarate raw materials has been approved, which is used for treating iron deficiency anemia [17] - ST Weihai, as the leading party, won a bid for a smart agriculture project worth 652 million yuan, accounting for 26.27% of its 2024 audited revenue [18] - Tian Youwei plans to purchase 100% of Krämer Automotive Systems for 1 million euros [19] Group 7 - Guangdong Yuedian A's subsidiary has successfully put into operation the third unit of its Dapu Power Plant project [20] - China Life's total premium exceeded 700 billion yuan as of November 30, 2025 [21] - Shoukai Co. achieved a total signed amount of 15.988 billion yuan in the first 11 months of 2025 [22] Group 8 - Kehua Bio's subsidiary has obtained a medical device registration certificate for an automatic chemiluminescence immunoassay analyzer [23] - Chengyi Pharmaceutical received a drug registration certificate for Torasemide tablets, which have passed the consistency evaluation [24] - Chongqing Construction won a bid for a municipal engineering project worth approximately 1.714 billion yuan [25] Group 9 - Hanjian Heshan signed a procurement contract for pipes worth 388 million yuan [26] - Jiuzhou Pharmaceutical plans to use up to 1 billion yuan of idle raised funds for cash management [27] - Xinwufeng reported an 80.97% year-on-year increase in pig sales in November 2025 [28] Group 10 - Luoniushan reported a 13.57% year-on-year increase in pig sales revenue in November 2025 [29] - Fushilai received a drug registration certificate for Alpha-Lipoic Acid tablets, used for diabetic neuropathy [30] - Dizhe Pharmaceutical presented research data on two innovative drugs at the 67th American Society of Hematology conference [31] - David Medical's subsidiary received two medical device registration certificates for single-use gastric tubes and electronic ureteral endoscope catheters [32]

证券代码：603202 证券简称：天有为 公告编号：2025-045 黑龙江天有为电子股份有限公司 关于购买 Krämer Automotive Systems GmbH 100%股权的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 黑龙江天有为电子股份有限公司（以下简称"公司"）拟使用 1,000,000.00 欧元自有资金购买 MS-ONE Holding AG 持有的 Krämer Automotive Systems GmbH（以下简称"标的公司"、"克莱默"）100%的股权（以下简称"本次收 购"）。本次收购完成后，公司将持有标的公司 100%股权，标的公司将纳入公 司合并报表范围。 本次交易不构成关联交易，亦不构成《上市公司重大资产重组管理办 法》规定的重大资产重组，预计不存在重大法律障碍。 根据《上海证券交易所股票上市规则》《黑龙江天有为电子股份有限 公司章程》（以下简称"《公司章程》"）及相关制度的规定，本次收购在 公司总经理审批权限内，并已履行内部决策程序，无需提交董事会、股东会 审议。 ...

Core Viewpoint - The company plans to use €1 million of its own funds to acquire 100% of Krämer Automotive Systems GmbH from MS-ONE Holding AG, which aligns with its strategy for international development and market expansion in Europe, particularly in the high-end passenger vehicle sector [1] Group 1 - The acquisition will result in the company holding 100% equity of the target company, which will be included in the company's consolidated financial statements [1] - This acquisition is expected to enhance the company's profitability and sustainable development capabilities, thereby strengthening its market competitiveness and industry position [1] - The transaction is anticipated to help the company further diversify its revenue sources and improve market and investor recognition of its value, promoting high-quality development [1]

Core Viewpoint - The company plans to use €1 million of its own funds to acquire 100% equity of Krämer Automotive Systems GmbH from MS-ONE Holding AG, which aligns with its international development strategy and aims to enhance its market competitiveness and profitability [1] Group 1 - The acquisition will allow the company to hold 100% equity of the target company, which will be included in the company's consolidated financial statements [1] - This acquisition is expected to help the company better expand its customer base in the European market, particularly among high-end passenger vehicle clients [1] - The move is anticipated to improve the company's profitability and sustainable development capabilities, thereby enhancing its market position and competitiveness [1] Group 2 - The acquisition is seen as beneficial for the company and all shareholders, as it will help diversify revenue sources and increase recognition of the company's value in the capital market [1] - This strategic move is aimed at promoting the company's high-quality development [1]

智通财经APP讯，天有为(603202.SH)发布公告，公司拟使用100万欧元自有资金购买MS-ONE Holding AG 持有的 Krämer Automotive Systems GmbH(以下简称"标的公司"、"克莱默")100%的股权。本次收购 完成后，公司将持有标的公司100%股权，标的公司将纳入公司合并报表范围。 本次收购事项符合公司国际化发展的战略，有利于公司更好开拓欧洲市场客户，特别是高端乘用车客 户，有助于提升公司盈利能力与可持续发展能力，增强公司的市场竞争力与行业地位，符合公司及全体 股东的利益。本次收购将有助于公司进一步拓展收入来源，提升资本市场及投资者对公司的价值认可 度，促进公司高质量发展。 ...

人民财讯12月9日电，天有为（603202）12月9日公告，公司拟使用100万欧元自有资金购买MS-ONE Holding AG持有的Kr mer Automotive Systems GmbH(克莱默汽车系统有限公司，简称"克莱默")100%的 股权。本次收购完成后，公司将持有克莱默100%股权。本次收购事项符合公司国际化发展的战略，有 利于公司更好开拓欧洲市场客户，特别是高端乘用车客户，有助于提升公司盈利能力与可持续发展能 力，增强公司的市场竞争力与行业地位。 ...