Core Viewpoint - Two A-share listed companies, Yachuang Electronics and Yinhe Magnetic, have announced significant acquisition plans to enhance their market positions and operational efficiencies through strategic investments in semiconductor and magnetic materials sectors [1][6]. Group 1: Yachuang Electronics Acquisition - Yachuang Electronics plans to acquire 40% of Ouchuang Semiconductor and 45% of Yihai Nengda through a combination of stock issuance and cash payment, with a total estimated transaction value of approximately 3.17 billion yuan [1][3]. - The acquisition price for Ouchuang is tentatively set at 200 million yuan, with 172 million yuan in stock and 27.84 million yuan in cash, while Yihai Nengda's price is set at 117 million yuan, with 79.59 million yuan in stock and 37.41 million yuan in cash [3][6]. - The funds raised will be used for cash payments, transaction taxes, construction of projects, and to supplement working capital, with a maximum of 25% allocated for working capital [3][6]. Group 2: Business Profiles of Acquired Companies - Ouchuang Semiconductor specializes in analog chip design and has a strong market presence in automotive lighting and LED driver applications, with significant market share and brand recognition [4][5]. - Yihai Nengda operates as a distributor and solution provider in the electronic components industry, covering various sectors including communications, automotive, and consumer electronics, and has established long-term partnerships with leading global manufacturers [4][5]. Group 3: Financial Performance and Strategic Benefits - Post-acquisition, Yachuang Electronics will enhance its control over Ouchuang and Yihai Nengda, improving operational efficiency and competitive advantage in the electronic components and analog chip design markets [5][6]. - Ouchuang's projected revenues for 2023 and 2024 are approximately 85.24 million yuan and 118.26 million yuan, with net profits of 22.82 million yuan and 46.31 million yuan, while Yihai Nengda's revenues are expected to be 441.03 million yuan and 517.75 million yuan, with net profits of 22.76 million yuan and 29.06 million yuan [6].

Core Viewpoint - The company, Galaxy Magnetics, plans to acquire 100% equity of Kyoto Longtai through a combination of issuing shares and cash payments, aiming to enhance its position in the magnetic materials industry and respond to national calls for strengthening supply chains [1][6]. Group 1: Transaction Details - The acquisition involves 14 counterparties and is expected to be valued at approximately RMB 450 million [1][6]. - The share issuance price for the acquisition is set at RMB 23.15 per share, which is 80% of the average trading price over the previous 120 trading days [4]. - The company will issue shares to no more than 35 specific investors to raise supporting funds, with the total amount not exceeding 100% of the payment for the asset acquisition [4][5]. Group 2: Company Strategy and Market Context - The acquisition aligns with the company's strategy to expand its business scope beyond bonded neodymium-iron-boron magnets, as the current market demand in that segment is relatively small [6][7]. - The target company, Kyoto Longtai, operates in the permanent ferrite industry, which is positively correlated with the development of micro-special motors, indicating a strong market demand due to trends in industrial automation and smart appliances [6][7]. - Post-acquisition, the company aims to leverage the target's customer resources to capture a larger share of the magnetic materials market for direct current motors in the rapidly growing domestic electric vehicle sector [7]. Group 3: Financial Implications - The company’s net profit for 2022 to 2024 is projected to decline, with figures of RMB 168 million, RMB 158 million, and RMB 144 million respectively, indicating potential risks to sustained profitability [7]. - The target company is expected to contribute positively to the company's consolidated financial statements, enhancing overall revenue and profit levels [7].

Core Viewpoint - The company, Galaxy Magnetics, plans to acquire 100% equity of Kyoto Longtai through a combination of share issuance and cash payment, aiming to enhance its capabilities in the magnetic materials industry and respond to national calls for strengthening supply chains [1][6]. Group 1: Acquisition Details - The acquisition involves 14 counterparties and is estimated to be valued at approximately RMB 450 million [6]. - The share issuance price for the acquisition is set at RMB 23.15 per share, which is 80% of the average trading price over the last 120 trading days [4]. - The company will issue shares to no more than 35 specific investors to raise supporting funds, with the total amount not exceeding 100% of the payment for the asset acquisition [4][5]. Group 2: Company Control and Financial Impact - Post-transaction, the company will maintain its status as having no actual controller, and the transaction is not expected to constitute a major asset restructuring [5]. - The financial performance of Galaxy Magnetics has shown a decline in net profit from RMB 168 million in 2022 to an estimated RMB 144 million in 2024, indicating potential risks in sustained profitability [8]. - The acquisition is expected to significantly enhance the company's revenue and net profit by incorporating the financial results of Kyoto Longtai, which is projected to have net profits of RMB 5.89 million and RMB 11.53 million in 2023 and 2024, respectively [8]. Group 3: Industry Context and Strategic Rationale - The magnetic materials industry, particularly the rare earth permanent magnet components manufacturing sector, is experiencing growth due to rising demand in micro-special motors driven by industrial automation and smart appliances [7]. - The acquisition aligns with the company's strategy to diversify its business and mitigate external risks by expanding into the permanent ferrite products sector, which has a stable raw material cost structure [7][8]. - The company aims to leverage the acquisition to capture opportunities in the rapidly growing domestic electric vehicle market, enhancing its competitive edge in the magnetic materials sector [7].

交易完成后，公司将持有京都龙泰100%的股权。本次发行股份作为支付对价购买资产的股份发行价格确定为23.15 元/股，不低于本次发行股份作为支 付对价购买资产的定价基准日前120个交易日股票交易均价的80%。 公告提示，截至本预案摘要签署日，标的公司的审计、评估工作尚未完成，标的资产的最终交易价格及公司发行股份作为支付对价购买资产的最终股 份发行数量均尚未确定。 【导读】银河磁体宣布重要收购，下周一复牌 见习记者 荧墨 9月26日晚间，银河磁体（300127.SZ）发布公告称，公司拟通过发行股份及支付现金的方式，向华强睿哲、唐明星、徐刚、福州启赋、华强睿华、龙 泰聚力、龙泰众锦、成都衡通、北京合享、新余启赋、舟山亚商、嘉兴启赋、成都鸿合、长沙启赋14名交易对方，购买其合计持有的京都龙泰100%股 权。 经申请，公司股票将于2025年9月29日（星期一）开市起复牌。停牌前最后一个交易日（9月12日），银河磁体股票收报35.86元/股，总市值为104.34亿 元。 公司控制权未变更 为何并购京都龙泰？ 经交易各方初步协商，本次交易标的预估值为人民币4.5亿元左右。公告显示，交易双方均致力于磁性材料的研发、生产和销 ...

Core Viewpoint - Galaxy Magnetics announced a significant acquisition of 100% equity in Kyoto Longtai, aiming to enhance its market position in the magnetic materials industry and respond to national calls for strengthening supply chains and optimizing resource allocation [2][10]. Group 1: Acquisition Details - The acquisition will be executed through a combination of issuing shares and cash payments to 14 counterparties [2][6]. - The share price for the acquisition is set at 23.15 yuan per share, which is 80% of the average trading price over the previous 120 trading days [6][7]. - The estimated value of the target company, Kyoto Longtai, is approximately 450 million yuan [9]. Group 2: Strategic Rationale - The acquisition is intended to expand Galaxy Magnetics' business scope beyond its current focus on bonded neodymium-iron-boron magnets, which has limited growth potential [10][11]. - The target company operates in the permanent ferrite magnet sector, which is positively correlated with the development of micro-special motors, a sector experiencing rapid growth due to industrial automation and smart appliances [10][11]. - The transaction is expected to enhance Galaxy Magnetics' competitiveness in the automotive magnetic materials market, particularly in the context of the growing domestic electric vehicle market [11][12]. Group 3: Financial Implications - Post-acquisition, the target company will become a wholly-owned subsidiary, contributing to an increase in Galaxy Magnetics' revenue and net profit [12]. - Financial projections indicate a decline in Galaxy Magnetics' net profit from 168 million yuan in 2022 to 144 million yuan in 2024, highlighting the need for new growth avenues [11][12]. - The target company's projected net profits for 2023 and 2024 are 5.89 million yuan and 11.53 million yuan, respectively, indicating a growth trend [11].

截至上述交易预案签署日，标的公司的审计、评估工作尚未完成，此次交易标的资产交易价格尚未确 定。鉴于标的资产的审计、评估工作尚未完成，此次交易暂未签订明确的业绩承诺及补偿协议。 京都龙泰成立于2011年12月，注册资金9464.72万元。京都龙泰主要从事永磁铁氧体材料的研发、生产 和销售，产品主要应用于汽车座椅电机、EPB电机、ETC电机等。同时还应用于电动工具、智能家居、 家用电器等领域。目前，已配套全球多家知名汽车品牌电机用磁性材料。 银河磁体（300127）停牌谜底揭晓，拟以4.5亿元价格，购买四川京都龙泰科技有限公司100%股权，同 时拟向特定对象发行股份募集配套资金。公司股票将于9月29日复牌。 交易草案显示，银河磁体拟通过发行股份及支付现金方式，购买四川京都龙泰科技有限公司100%股 权，同时拟向特定对象发行股份募集配套资金。经交易各方初步协商，本次交易标的预估值为人民币 4.5亿元左右。 银河磁体称，此次交易完成后，上市公司将进一步扩充磁性材料的产品品种，汽车领域的产品市场份额 将进一步扩大，形成优势互补丰富产品品种，抵抗市场风险的能力将进一步增强。 另外，银河磁体还表示，标的公司主营业务为永磁铁 ...

此外，上市公司拟向不超过35名符合条件的特定投资者，以询价方式发行股份募集配套资金，募集配套 资金的发行股份数量不超过本次发行股份及支付现金购买资产完成后公司总股本的30%，募集配套资金 总额不超过本次交易中以发行股份方式购买资产的支付对价的100%。 公告显示，标的公司主营业务为永磁铁氧体产品的研发、生产和销售。标的公司生产的永磁铁氧体材料 主要应用于直流电机，主要应用领域为汽车行业。交易完成后，上市公司将进一步扩充磁性材料的产品 品种，汽车领域的产品市场份额将进一步扩大，形成优势互补丰富产品品种，抵抗市场风险的能力将进 一步增强。 银河磁体（300127）(300127.SZ)披露发行股份及支付现金购买资产并募集配套资金预案，公司拟通过 发行股份及支付现金的方式向华强睿哲、唐明星、徐刚、福州启赋、华强睿华、龙泰聚力、龙泰众锦、 成都衡通、北京合享、新余启赋、舟山亚商、嘉兴启赋、成都鸿合、长沙启赋14名交易对方购买其合计 持有的京都龙泰100%股权。交易完成后，上市公司将持有京都龙泰100%的股权。本次发行股份作为支 付对价购买资产的股份发行价格确定为23.15元/股。 ...

公告显示，标的公司主营业务为永磁铁氧体产品的研发、生产和销售。标的公司生产的永磁铁氧体材料 主要应用于直流电机，主要应用领域为汽车行业。交易完成后，上市公司将进一步扩充磁性材料的产品 品种，汽车领域的产品市场份额将进一步扩大，形成优势互补丰富产品品种，抵抗市场风险的能力将进 一步增强。 智通财经APP讯，银河磁体(300127.SZ)披露发行股份及支付现金购买资产并募集配套资金预案，公司拟 通过发行股份及支付现金的方式向华强睿哲、唐明星、徐刚、福州启赋、华强睿华、龙泰聚力、龙泰众 锦、成都衡通、北京合享、新余启赋、舟山亚商、嘉兴启赋、成都鸿合、长沙启赋14名交易对方购买其 合计持有的京都龙泰100%股权。交易完成后，上市公司将持有京都龙泰100%的股权。本次发行股份作 为支付对价购买资产的股份发行价格确定为23.15元/股。 此外，上市公司拟向不超过35名符合条件的特定投资者，以询价方式发行股份募集配套资金，募集配套 资金的发行股份数量不超过本次发行股份及支付现金购买资产完成后公司总股本的30%，募集配套资金 总额不超过本次交易中以发行股份方式购买资产的支付对价的100%。 ...

京都龙泰生产的永磁铁氧体材料主要应用于直流电机，主要应用领域为汽车行业。此次交易完成后，公 司将进一步扩充磁性材料的产品品种，汽车领域的产品市场份额将进一步扩大。经申请，公司证券9月 29日复牌。 人民财讯9月26日电，银河磁体（300127）9月26日公告，公司拟通过发行股份及支付现金的方式向华强 睿哲、唐明星、徐刚、福州启赋等14名交易对方购买其合计持有的四川京都龙泰科技有限公司(简称"京 都龙泰")100%股权，并募集配套资金。京都龙泰100%股权的预估值为4.5亿元左右。 ...

Group 1 - The company, Galaxy Magnetics (300127.SZ), plans to acquire 100% equity of Kyoto Longtai through a combination of issuing shares and cash payments to 14 counterparties [1] - The share price for the asset acquisition is set at 23.15 yuan per share [1] - The acquisition aims to enhance the company's product variety in magnetic materials, particularly in the automotive sector, where the demand for permanent ferrite materials is growing [1] Group 2 - The target company's permanent ferrite materials are primarily used in DC motors, with a significant application in the automotive industry [1] - Following the completion of the transaction, the company expects to increase its market share in the automotive product segment [1] - The company's securities will resume trading on September 29, 2025 [1]