JLGF(SZ:000712) Zhong Guo Jing Ji Wang·2025-07-24 03:26Core Viewpoint - Jinlong Co., Ltd. plans to acquire a total of 29.3151% shares of Shenzhen Benmao Technology Co., Ltd. from two investment partnerships, which is expected to facilitate the company's business transformation and enhance its revenue and profitability potential [1][2]. Group 1: Acquisition Details - The acquisition involves Guangdong Shenbao Yiben and Shenzhen Shenbao Yiben, which hold 23.2427% and 6.0724% of Shenzhen Benmao's shares, respectively [1]. - The parties have signed a Letter of Intent on July 22, 2025, and the transaction is currently in the planning stage [1][3]. - The acquisition is not classified as a related party transaction and will follow the necessary decision-making procedures once details are finalized [1]. Group 2: Shenzhen Benmao's Financials - As of the end of 2024, Shenzhen Benmao reported total assets of 1.978 billion yuan and net assets of 485.487 million yuan, with an operating income of 869.494 million yuan and a net profit of 53.6247 million yuan [2]. Group 3: Jinlong's Financial Performance - Jinlong has reported losses for four consecutive years, with net profits of -131 million yuan, -392 million yuan, -384 million yuan, and -89 million yuan from 2021 to 2024 [4]. - In 2024, Jinlong's total revenue was approximately 662.65 million yuan, a 245.16% increase from the previous year, while the net profit loss improved by 76.77% compared to 2023 [5]. - As of March 31, 2025, Jinlong's total assets were 23.013 billion yuan, with a debt ratio of 81.25% [6].