Core Viewpoint - The significant surge in the stock price of Youju Holdings (01948) is primarily driven by a recent acquisition announcement, leading to a change in control and a mandatory cash offer at a substantial discount to the previous trading price [1][3][4]. Group 1: Stock Performance - On May 8, Youju Holdings' stock price soared over 300% upon resuming trading, reaching a high of 4.8 HKD before settling around 3.5 HKD [1]. - The company had been struggling since its IPO in November 2021, where it debuted at 6.7 HKD and has since seen its stock price languish around 1 HKD for an extended period [1][4]. Group 2: Acquisition Details - The original major shareholder, Supreme Development, sold a 50.62% stake (approximately 304 million shares) to a third party, Autumn Harvest Ltd, for 213 million HKD, equating to 0.7 HKD per share, which represents a 41.67% discount from the last trading price [4]. - The new controlling party, led by Cheng and Ma, has significant experience in the internet industry and aims to maintain the company's listing and continue its current operations [4][5]. Group 3: Business Operations and Financials - Youju Holdings specializes in providing integrated cross-media online marketing solutions, particularly in short video marketing, and has a strategic partnership with ByteDance's Feishu [3][5]. - The company has shown slight revenue growth but significant profit decline, with total revenue for 2024 at 9.156 billion HKD, a 29.32% increase year-on-year, while net profit was 93.87 million HKD, a 3.66% increase [6]. - The company has a high dependency on ByteDance, with major suppliers accounting for a significant portion of its service and sales costs [5][6].
复牌后飙涨逾300%，一则收购要约带动优矩控股(01948)“起飞”？