Shang Hai Zheng Quan Bao·2025-07-21 21:21Group 1 - The company Shenzhen Beiding Crystal Technology Co., Ltd. (referred to as "Beiding") has decided to acquire 100% equity of Zhongshan Keri Automation Technology Co., Ltd. for a total price of RMB 156 million [5][7][30] - The acquisition was approved unanimously by the board of directors during the 19th meeting of the fourth board session held on July 21, 2025 [1][8][32] - The board believes that the transaction price is fair and reasonable, and it will not adversely affect the company's financial and operational status [2][30][32] Group 2 - The acquisition will allow Zhongshan Keri to become a wholly-owned subsidiary of Beiding and will be included in the consolidated financial statements of the company [7][12][30] - The transaction does not constitute a related party transaction or a major asset restructuring, thus it does not require approval from the shareholders' meeting [6][8][30] - The acquisition is seen as a strategic move to enhance the company's manufacturing capabilities and expand its product line, supporting overall business growth [29][30] Group 3 - The financial assessment of Zhongshan Keri indicates total assets of RMB 86.6181 million and total liabilities of RMB 21.4037 million, resulting in a net asset value of RMB 65.2144 million [16][20] - The valuation report shows an assessed equity value of RMB 156.4563 million, with an appreciation of RMB 91.2419 million, reflecting a 139.91% increase due to rising land and property values [16][20] - The payment structure for the acquisition includes an initial payment of 95% of the transaction price upon approval from Keri Technology's shareholders, followed by the remaining 5% within a year [22][30]