HMT(SH:603306) 2 1 Shi Ji Jing Ji Bao Dao·2025-05-20 11:55Core Viewpoint - Huamao Technology (603306) plans to acquire the remaining equity of its associate company, Shenzhen Fuchuang Youyue Technology Co., Ltd. (Fuchuang Youyue), aiming to hold 100% ownership after the transaction [1][3]. Group 1: Acquisition Details - The acquisition will be executed through a combination of issuing shares and cash payments, with Huamao Technology currently holding 42.1602% of Fuchuang Youyue's shares [1]. - The transaction is expected to constitute a major asset restructuring but will not change the controlling shareholder or actual controller [1]. - Trading of Huamao Technology's stock and convertible bonds will be suspended starting May 21, 2025, for a period not exceeding 10 trading days [1][2]. Group 2: Financial Aspects - Huamao Technology acquired its initial 42.16% stake in Fuchuang Youyue for approximately 383 million yuan, valuing the company at around 908 million yuan, with the remaining equity estimated at 525 million yuan [3]. - The final transaction price will be determined based on an evaluation report from a qualified assessment agency and negotiations between the parties involved [3]. Group 3: Strategic Intentions - The company has indicated intentions for further integration with Fuchuang Youyue, focusing on expanding its presence in the semiconductor and computing power manufacturing sectors [3]. - Future plans include deepening collaboration in next-generation optical communication technologies and enhancing integrated management and capital cooperation [3]. Group 4: Industry Performance - Fuchuang Youyue has reported a significant increase in profitability in the first quarter, benefiting from the ongoing prosperity in the optical communication industry [4]. - As of May 20, 2025, Huamao Technology's stock closed at 41.65 yuan per share, reaching a new high since April 2023, with a total market capitalization of 13.71 billion yuan [5].