Cosonic(SZ:300793) Nan Fang Du Shi Bao·2025-06-13 08:59Core Viewpoint - Jiahe Intelligent announced the acquisition of German company beyerdynamic GmbH & Co. KG for an initial price of €12.2 million (approximately RMB 1 billion), aiming to enhance its market presence and operational capabilities in the high-end audio equipment sector [1][4]. Group 1: Acquisition Details - Jiahe International, a wholly-owned subsidiary of Jiahe Intelligent, signed a purchase agreement for all limited partnership interests and shares of BD KG, along with shareholder loans [4]. - The acquisition is subject to the completion of auditing and evaluation of the target company, as well as approval from domestic regulatory authorities for foreign investment [4]. Group 2: Company Profile and Market Position - BD KG is a well-known high-end audio equipment manufacturer with a product line that includes professional headphones, gaming headsets, and wireless audio devices, catering to diverse market needs [1][5]. - The company has a strong sales network across Europe, the United States, and China, and is recognized for its audio technology and German manufacturing quality [5]. Group 3: Financial Performance - In 2024, BD KG is projected to achieve a net profit of €8.543 million and revenue of €84.451 million, recovering from a net loss of €5.051 million and revenue of €72.449 million in 2023 [5][7]. - Jiahe Intelligent reported a revenue of RMB 2.467 billion in 2024, a year-on-year increase of 3.76%, but a significant decline in net profit by 68.85% to RMB 41 million [7]. Group 4: Strategic Benefits - The acquisition is expected to enhance Jiahe Intelligent's brand revenue scale and operational capabilities, while BD KG's products and technology will complement Jiahe's product line, increasing its market share in the professional headphone sector [9].