增值率超900%！光云科技为何高价收购？

Group 1 - The core point of the article is the high premium acquisition of Shandong Yitao by Guangyun Technology, with an acquisition price of 200 million yuan and an assessed value of 203 million yuan, resulting in a valuation increase of 903.89% [1] - Guangyun Technology's revenue has declined since its IPO, with 2022 and 2023 revenues reported at 494 million yuan and 475 million yuan respectively, and a projected revenue of 482 million yuan for 2024, which is lower than the revenue in the year of listing [3][5] - The company's net profit has turned from profit to loss post-IPO, with net losses of 60 million yuan, 179 million yuan, and 18 million yuan from 2021 to 2023, and an expected loss of 83 million yuan for 2024 [5] Group 2 - The decline in Guangyun Technology's performance may be attributed to changes in the competitive landscape of the e-commerce industry, with major platforms like Alibaba and JD experiencing single-digit growth rates [7] - The acquisition of Shandong Yitao is aimed at enhancing Guangyun Technology's business scale and profitability, leveraging synergies in products, channels, personnel, and customers [9] - The acquisition plan underwent significant changes, shifting from a "cash + shares" payment method to a pure cash acquisition, with performance guarantees set for Shandong Yitao's future revenue [9]