Luster(SH:688400) Zheng Quan Shi Bao Wang·2024-11-13 18:39Core Viewpoint - The company plans to acquire 99.95% of JAI Group Holding ApS for approximately €103 million to enhance its product matrix and international market capabilities in the machine vision sector [1][2]. Group 1: Acquisition Details - The acquisition will be executed through the company's wholly-owned subsidiary in Beijing and its wholly-owned subsidiary in Singapore [1]. - The transaction includes JAI's industrial camera business, excluding JAI Aviation ApS and JAI Inc., with the final transaction amount to be confirmed at the time of delivery [1]. - The company intends to buy back the remaining 0.05% of shares from minority shareholders, aiming for 100% ownership of JAI [1]. Group 2: Strategic Rationale - The acquisition aligns with the company's strategic layout to enrich its product offerings and enhance its overseas market expansion capabilities [1]. - The collaboration is expected to create synergies in technology, products, markets, brands, and supply chains, strengthening the company's competitive edge in the machine vision industry [1][2]. Group 3: Market Position and Capabilities - JAI is a leading player in the global machine vision industry, with over 50 years of experience, focusing on industrial area and line scan cameras, and serving various sectors including Industry 4.0 and semiconductor inspection [2]. - The acquisition will enhance the company's optical imaging technology capabilities and improve its camera technology and quality, leveraging its AI software algorithm advantages [2][3]. - The deal will also improve the company's international market reach and service capabilities, facilitating mutual growth in both domestic and international markets [3]. Group 4: Financial Impact - Post-acquisition, JAI will be included in the company's consolidated financial statements, which is expected to expand the company's asset scale and enhance future profitability and core competitiveness [3]. - The funding for the acquisition will come from self-owned funds or other means, and it is not anticipated to have a significant adverse impact on the company's financial and operational status [3].