Group 1 - Yangjie Technology announced the termination of the original plan to acquire 100% equity of Better Electronics through share issuance and cash payment due to changes in the capital market environment and the large number of parties involved [1] - The company will now pursue a cash acquisition of all or part of Better Electronics' equity, aiming to expedite the transaction process and avoid the complexities of share issuance [1] - Better Electronics, established in 2003, has developed a comprehensive product system covering circuit protection components, with a market share of over 30% in the BMS fuse market for new energy vehicles [1] Group 2 - Better Electronics' IPO application was accepted in June 2023 but was withdrawn in August 2024 after failing to respond to regulatory inquiries in a timely manner, raising concerns about the sustainability of its performance growth [2] - The adjustment in Yangjie Technology's acquisition strategy may help accelerate the transaction and mitigate uncertainties associated with the IPO review process [2]
扬杰科技调整收购方案 拟现金收购贝特电子股权