A股罕见！同一块资产8年来回倒腾三次

Group 1 - The core point of the article is that Fuhuang Steel Structure plans to acquire 100% of Zhongke Shijie for 1.14 billion yuan, marking a significant strategic shift towards high-speed visual technology [2][3][4] - The acquisition involves issuing shares and cash payments to 17 parties, with a premium rate of approximately 191% compared to the previous valuation of 130 million yuan in 2019 [3][6] - Zhongke Shijie specializes in high-speed image acquisition and processing systems, which aligns with Fuhuang Steel's goal to diversify its business and tap into the growing market driven by advancements in artificial intelligence [4][5] Group 2 - Financial data for Zhongke Shijie shows total assets of 354 million yuan and net assets of 228 million yuan as of the end of 2023, with projected revenues of 222 million yuan and net profits of 15.45 million yuan for 2024 [4][5] - The acquisition price of 1.14 billion yuan is considered high given Zhongke Shijie's relatively weak profitability, with performance commitments set for the next three years [5][10] - The stock market reacted negatively to the announcement, with Fuhuang Steel's share price dropping by 5.14% following the news, indicating investor skepticism about the acquisition's value [10][11]