Cheersson(SZ:002976) Zheng Quan Ri Bao Wang·2025-06-24 06:37Core Viewpoint - Suzhou Ruima Precision Industrial Group Co., Ltd. has made a significant strategic move by acquiring Guangzhou Xinzhen Auto Parts Co., Ltd., enhancing its position in the automotive parts industry [1][2]. Group 1: Company Developments - On June 23, Ruima Precision announced the completion of the acquisition of Xinzhen Auto Parts, which will now operate as a wholly-owned subsidiary, with the acquisition amounting to approximately 197 million yuan [1]. - The company has applied for a 110 million yuan merger loan from CITIC Bank to finance the acquisition, using 51% of its stake in Xinzhen as collateral, with a loan term of 48 months [1][2]. - In Q1 2025, Ruima Precision reported a revenue of 448 million yuan, a year-on-year increase of 42.85%, and a net profit of 12.91 million yuan, reflecting a substantial growth of 474.77% [2]. Group 2: Industry Context - The automotive parts industry is undergoing significant transformation, driven by trends in smart technology and electrification, which are reshaping the traditional component landscape [2][3]. - The acquisition is expected to leverage Xinzhen's technology and customer resources in automotive seating comfort systems, positioning Ruima Precision to gain a competitive edge in the smart cockpit segment [2]. - The market is becoming increasingly concentrated, with leading companies solidifying their positions through technological and brand advantages, necessitating Ruima Precision to optimize resource allocation and enhance product development efficiency [3].