Core Viewpoint - Nal Shares (002825) announced a plan to acquire a controlling stake in Shanghai Feilai Testing Technology Co., Ltd. through a share purchase agreement, with an estimated investment amount of approximately 350 to 400 million yuan [1] Group 1: Investment Details - The company intends to acquire at least 51% of Feilai Testing's shares, thereby gaining control over the target company [1] - The transaction amount is expected to be around 350 to 400 million yuan [1] Group 2: Company Profile - Feilai Testing specializes in semiconductor chip testing reliability solutions, offering comprehensive solutions from wafers and chips to devices [1] - The company provides various equipment including wafer AOI devices, chip testers, automatic loading and unloading equipment, aging systems, and COB testers, under its own brand "FeedLiTech" [1] Group 3: Financial Implications - Preliminary assessments indicate that Feilai Testing's revenue for 2024 will account for less than 50% of the listed company's total revenue [1] - Financial metrics such as total assets, net assets, and net profit do not meet the criteria for a significant asset restructuring as per the relevant regulations [1] - The counterparties in the investment agreement are not related parties to the listed company, thus the agreement does not constitute a related party transaction [1]

Core Viewpoint - NAR Co., Ltd. is acquiring a controlling stake in Feilai Testing Technology Co., Ltd. through a share purchase agreement, with an estimated transaction value of approximately 350 to 400 million yuan, which will enhance its industry layout and provide new growth opportunities in the semiconductor equipment sector [1][3]. Group 1: Investment Details - The investment will result in NAR holding at least 51% of Feilai Testing, thereby gaining control over the company [1]. - The expected revenue contribution from Feilai Testing to NAR's total revenue in 2024 is projected to be less than 50% [1]. - The financial metrics of Feilai Testing do not meet the criteria for a major asset restructuring as per regulatory standards [1]. Group 2: Feilai Testing Overview - Feilai Testing specializes in semiconductor chip testing reliability solutions, offering a comprehensive range of products including wafer AOI equipment and chip testers [2]. - The company has received multiple honors, including national-level "Little Giant" and high-tech enterprise designations, and holds 45 patents as of December 2024 [2]. - Feilai Testing's projected revenues for 2024 and the first half of 2025 are 123 million yuan and 92.46 million yuan, respectively, with net profits of 1.90 million yuan and 22.93 million yuan [2]. Group 3: Strategic Rationale - The acquisition aligns with NAR's strategic direction to diversify its business and leverage its financial stability and operational cash flow [3]. - NAR aims to enhance its presence in the semiconductor equipment sector, seeking new profit growth points through this acquisition [3]. - The company has prior indirect investment in Feilai Testing, providing it with foundational knowledge of the target's operations and market [3]. Group 4: Future Integration Plans - Post-acquisition, NAR plans to streamline Feilai Testing's management systems across sales, procurement, and R&D while ensuring operational stability [4]. - The integration aims to maximize resource utilization and achieve synergies in cost control, market expansion, and production technology [4]. - The goal is to enhance NAR's overall competitiveness through effective resource sharing and complementary advantages [4].

Core Viewpoint - Nal Shares (002825.SZ) has signed a share acquisition intention agreement with Shanghai Feiguang Management Consulting Partnership (Limited Partnership) and Zhang Hua, aiming to acquire a controlling stake in Shanghai Feilai Testing Technology Co., Ltd. through the purchase of shares from the seller, with the transaction amount expected to be around RMB 350 million to 400 million [1] Group 1: Investment Details - The investment will result in the investors holding no less than 51% of the shares in the target company, thereby gaining control [1] - The specific share transfer ratio will be clarified in the formal transaction agreement [1] Group 2: Company Overview - Shanghai Feilai Testing Technology Co., Ltd. specializes in semiconductor chip testing reliability solutions, offering comprehensive solutions from wafers and chips to devices [1] - The company provides various equipment including wafer AOI devices, chip testers, COCO automatic loading and unloading equipment, CoC aging systems, COB testers, and SoC aging equipment, under its own brand "FeedLiTech" [1] - The company is headquartered in Shanghai, with manufacturing bases located in Wuxi and Nantong, Jiangsu [1] Group 3: Achievements and Recognition - Shanghai Feilai has received several honors, including national-level specialized and innovative "little giant," high-tech enterprise, and specialized and innovative enterprise [1] - As of December 2024, the company has obtained 45 patent authorizations, including 29 utility model patents, 12 invention patents, and 4 design patents [1]

Core Viewpoint - The company, Nal Shares, has signed a share acquisition intention agreement to invest in Shanghai Filai Testing Technology Co., Ltd, aiming to acquire at least 51% of its shares and gain control over the company [1] Group 1: Investment Details - The investment amount is estimated to be around 350 million to 400 million yuan [1] - The transaction involves acquiring shares from Shanghai Feiguang Management Consulting Partnership and an individual named Zhang Hua [1] Group 2: Strategic Implications - By obtaining a controlling stake in Filai Testing, the company is positioning itself to enhance its capabilities and market presence in the testing technology sector [1]

证券代码：002825 证券简称：纳尔股份 公告编号：2025-056 上海纳尔实业股份有限公司 关于签订股权收购意向协议的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次交易存在不确定性，本次签署的意向协议系公司与交易对方就本次 交易达成的初步意向，交易各方需根据尽职调查、审计、评估结果并经公平商议 后进一步确认是否签署正式协议，最终交易能否达成尚存在不确定性。敬请广大 投资者理性投资，注意投资风险。 2、公司将根据交易事项后续进展情况，按照相关法律、行政法规、部门规 章及规范性文件和《上海纳尔实业股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，及时履行相应的决策审批程序和信息披露义务。 3、本次投资协议的签订不构成关联交易，也不构成《上市公司重大资产重 组管理办法》规定的重大资产重组。 4、鉴于本次投资具体金额暂无法确定，对公司 2025 年度及未来年度的资 产、负债和经营业绩等的影响需根据项目的实际推进和实施情况而定，暂无法确 定对公司短期业绩的影响。 一、协议签署概述 上海纳尔实业股份有限公司（以下简称"公司"或" ...

Core Viewpoint - The company, Nal Shares (002825.SZ), has signed a share acquisition intention agreement to invest in Shanghai Feilai Testing Technology Co., Ltd., aiming to gain control with at least 51% ownership after the transaction, which is expected to be valued between RMB 350 million to 400 million [1] Group 1: Investment Details - The investment will be executed through acquiring shares held by Shanghai Feiguang Management Consulting Partnership and Zhang Hua [1] - The estimated transaction amount is approximately RMB 350 million to 400 million [1] Group 2: Target Company Overview - Shanghai Feilai Testing Technology Co., Ltd. specializes in semiconductor chip testing reliability solutions, offering comprehensive solutions from wafers and chips to components [1] - The company provides various equipment including wafer AOI devices, chip testers, COCO automatic loading and unloading equipment, CoC aging systems, COB testers, and SoC aging equipment, under its own brand "FeedLiTech" [1] Group 3: Strategic Implications - Following the transaction, the target company will become a subsidiary of the listed company, aligning with the strategy to develop new productive forces and stabilize core operations while exploring new fields [1] - The move aims to enter the semiconductor equipment and component sectors to secure new profit growth points and development opportunities [1]

Core Viewpoint - The company has signed a share acquisition intention agreement with Shanghai Feiguang Management Consulting Partnership and Zhang Hua, aiming to acquire a controlling stake in Shanghai Feilai Testing Technology Co., Ltd. through the purchase of shares [1] Group 1: Transaction Details - The investment amount is expected to be between RMB 350 million and 400 million [1] - Post-transaction, the investor will hold no less than 51% of the target company's shares, gaining control over it [1] Group 2: Target Company Overview - Shanghai Feilai Testing Technology Co., Ltd. specializes in semiconductor chip testing reliability solutions [1] - The company offers a comprehensive range of solutions from wafers, chips to devices, including wafer AOI equipment, chip testers, COCO automatic loading and unloading equipment, CoC aging systems, COB testers, and SoC aging equipment [1] - The target company owns the proprietary brand "FeedLiTech" [1]

Core Viewpoint - Nal Shares (002825.SZ) announced a strategic investment in Shanghai Feilai Testing Technology Co., Ltd., aiming to acquire at least 51% of the company's equity, thereby gaining control over it. The transaction is valued between RMB 350 million to 400 million, reflecting the company's intent to expand into the semiconductor equipment sector and enhance its profit growth opportunities [1][1][1]. Group 1: Investment Details - The investment involves a share acquisition agreement with Shanghai Feiguang Management Consulting Partnership and Zhang Hua [1]. - The expected transaction amount is approximately RMB 350 million to 400 million [1]. - Post-transaction, Shanghai Feilai Testing Technology will become a subsidiary of the listed company [1]. Group 2: Company Focus - Shanghai Feilai Testing Technology specializes in semiconductor chip testing reliability solutions, offering comprehensive solutions from wafers to devices [1]. - The company provides various equipment, including wafer AOI devices, chip testers, automatic loading and unloading equipment, aging systems, and COB testers, under its own brand "FeedLiTech" [1]. - This acquisition aligns with the listed company's strategy to develop new productive capabilities and stabilize its main business while exploring new fields [1].

Core Viewpoint - The company, Nal Shares (002825.SZ), has signed a share acquisition intention agreement to invest in Shanghai Feilai Testing Technology Co., Ltd., aiming to gain control with at least 51% ownership after the transaction, which is estimated to be between RMB 350 million to 400 million [1] Group 1: Investment Details - The investment will be executed through acquiring shares held by the seller in Shanghai Feilai Testing Technology Co., Ltd. [1] - The transaction amount is projected to be around RMB 350 million to 400 million [1] Group 2: Target Company Overview - Shanghai Feilai Testing Technology Co., Ltd. specializes in semiconductor chip testing reliability solutions, offering comprehensive solutions from wafers to chips and components [1] - The company provides various equipment including wafer AOI devices, chip testers, COCO automatic loading and unloading equipment, CoC aging systems, COB testers, and SoC aging equipment, under its own brand "FeedLiTech" [1] Group 3: Strategic Implications - Following the transaction, the target company will become a subsidiary of the listed company, aligning with the strategy to develop new productive forces and stabilize core operations while exploring new fields [1] - The move aims to enter the semiconductor equipment and component sectors to secure new profit growth points and development opportunities [1]

纳尔股份10月15日晚间公告，公司与上海菲光管理咨询合伙企业（有限合伙）、张华签订了《股权收购 意向协议》，公司以受让出售方所持上海菲莱测试技术有限公司（下称"目标公司"）股权的方式投资目 标公司。本次投资完成后，公司将持有目标公司不低于51%的股权，取得目标公司的控制权。具体受让 股权比例在正式交易协议中明确，交易金额预计为人民币3.5亿至4亿元左右。 ...