业绩承压！浙江力诺拟购徐化机“寻变”，标的一季度净利亏损

Core Viewpoint - Zhejiang Lino plans to acquire 100% equity of Xuzhou Chemical Machinery Co., Ltd. for 260 million yuan despite facing significant performance pressure, as the target company reported a net loss in Q1 2025 [2][6]. Group 1: Acquisition Details - The acquisition price is set at 260 million yuan, which will be financed through self-owned or self-raised funds, and is not expected to significantly impact the company's financial and operational status [2][3]. - Xuzhou Chemical Machinery, the target company, has a history as a specialized manufacturer of control valves and has been in the industry for a long time, providing potential for Zhejiang Lino to enhance its technical capabilities in valve technology [2][3]. Group 2: Financial Performance - Zhejiang Lino's financial performance has deteriorated, with a reported revenue of approximately 933 million yuan in 2024, a year-on-year decline of 16.05%, and a net profit of about 18.33 million yuan, down 82.88% [7]. - In Q1 2025, the company achieved a revenue of approximately 165 million yuan, a decrease of 9.41% year-on-year, and a net profit of about 6.33 million yuan, down 5.17% [7]. Group 3: Target Company Performance - Xuzhou Chemical Machinery reported a revenue of approximately 166 million yuan and a net profit of -1.82 million yuan in Q1 2025, indicating financial struggles [4][5]. - The company's gross margin in Q1 2025 was 23.15%, down from 26.22% in 2024, primarily due to changes in the sales structure of its products [5].