GHMC(SZ:000523) Chang Jiang Shang Bao·2025-06-24 23:47Core Viewpoint - Hongmian Co., Ltd. is actively pursuing the acquisition of a 39.9996% stake in Guangzhou Asia Food Technology Co., Ltd. to address industry competition issues and enhance its beverage business scale and core competitiveness [1][2][3] Group 1: Acquisition Details - The acquisition will be funded with self-owned capital amounting to 90.28 million yuan, and after the transaction, Hongmian will hold 100% voting rights in Asia Food, making it a subsidiary [1][4] - The acquisition is part of a broader strategy to resolve competition with its controlling shareholder, Light Industry Group, and to expand its beverage segment [2][3] Group 2: Financial Performance - Following the completion of the restructuring in 2023, Hongmian is projected to achieve a net profit of 588 million yuan for 2023 and 2024 combined, significantly improving its profitability [1][5] - In 2024, the beverage segment is expected to generate 307 million yuan in revenue, reflecting a year-on-year growth of 3.61%, contributing 14.93% to total revenue [1][6] Group 3: Business Strategy and Market Position - The acquisition of Asia Food is anticipated to create synergies with Hongmian's beverage operations, enhancing market share and brand influence in the beverage sector [6] - Asia Food's main products include soda, coconut juice, apple vinegar, and soy milk, with soda being the flagship product [6]