Zhong Guo Ji Jin Bao·2025-06-17 14:29Core Viewpoint - BOE Technology Group plans to acquire a 30% stake in Xi'an Rainbow Optoelectronics Technology Co., Ltd. for a base price of 4.849 billion yuan, aiming to enhance its competitive edge in the industry [1][2]. Group 1: Acquisition Details - The acquisition involves BOE purchasing 30% of Rainbow Optoelectronics, which is being sold by Rainbow Shares [2]. - The transaction is not classified as a related party transaction or a major asset restructuring under relevant regulations [5]. Group 2: Company Background - Rainbow Optoelectronics was established in 2015 and specializes in the R&D, production, and sales of TFT-LCD panels, modules, and related equipment [5]. - The acquisition aligns with BOE's strategic development goals, aiming to strengthen its industry influence and overall competitiveness [5]. Group 3: Financial Performance - BOE reported a significant improvement in profitability, with a net profit of 1.937 billion yuan for the first quarter, marking a year-on-year increase of 301.20% [6]. - The company’s total revenue for the first quarter was 5.060 billion yuan, reflecting a year-on-year growth of 10.27% [7]. - The overall financial outlook indicates a return to growth, with expectations for continued improvement in profitability as the semiconductor display industry matures [6].