FUDA ALLOY(SH:603045) Zheng Quan Zhi Xing·2025-07-13 09:08Overview - The company plans to acquire at least 51% of Zhejiang Guangda Electronic Technology Co., Ltd. through cash payment, with the final transaction price to be determined after due diligence and negotiation [1][2][11] - The acquisition is expected to constitute a major asset restructuring as defined by the regulations [2][11] - The transaction involves related parties, as the actual controller of Guangda Electronic is Wang Zhongnan, the son of the company's actual controller Wang Dawu [2][11] Transaction Details - The acquisition will not involve the issuance of new shares, and the actual control of the listed company will remain unchanged after the transaction [2][11] - The transaction is still in the planning stage, and there are uncertainties regarding the final agreement [2][11] - The company will hire a securities service institution to conduct due diligence and will disclose relevant plans or reports within six months from the announcement [2][11] Target Company Information - Zhejiang Guangda Electronic Technology Co., Ltd. was established on March 24, 2010, with a registered capital of approximately 48.7 million yuan [7][8] - The company specializes in the research, production, and sales of electronic paste products, particularly TOPCon battery silver paste, which is used in solar cells [7][8] - Guangda Electronic has developed its core raw materials and maintains stable partnerships with well-known manufacturers in the solar energy sector [8] Impact on the Company - Upon completion of the transaction, Guangda Electronic will become a subsidiary of the listed company, expanding its business into conductive silver paste, thereby enhancing its product offerings in the electrical materials industry [11] - The acquisition is expected to create synergies in silver powder preparation processes and cost reduction, contributing to new profit growth and improving the company's overall competitiveness [11]