SKGF(SZ:002633) Zhong Guo Jing Ji Wang·2025-07-28 06:55Core Viewpoint - Shenzhen Huili is initiating a public tender offer to acquire 41.89% of Shinke Co., Ltd. shares, transitioning control from He Quanbo to Shenzhen Huili, with the actual controller becoming Taierzhuang State-owned Assets [1][2]. Summary by Sections Tender Offer Details - The tender offer price is set at 16.13 yuan per share, with a total of 86,587,534 shares being offered, representing 57.73% of the circulating shares [2]. - The maximum total funds required for the tender offer amount to 1,396,656,923.42 yuan, with 279,331,384.68 yuan already deposited as a performance guarantee [1][2]. Financial Background - Shenzhen Huili is a newly established entity focused on investment activities and consulting services, with no financial data available for the past three years due to its recent formation [3]. - Shinke Co., Ltd. forecasts a net profit of 3 million to 3.8 million yuan for the first half of 2025, reflecting a decline of 42.73% to 54.79% compared to the previous year [3][4]. Historical Performance - In 2024, Shinke Co., Ltd. reported a revenue of 324.24 million yuan, a year-on-year increase of 18.70%, and a net profit of 6.86 million yuan, a significant recovery from a loss of 18.99 million yuan in 2023 [7][8]. - The company’s net profit, excluding non-recurring items, was 5.39 million yuan in 2024, compared to a loss of 20.97 million yuan in 2023, indicating a turnaround in financial performance [8]. Share Transfer Background - The share transfer agreement was signed on July 7, 2025, with He Quanbo transferring 42,187,466 shares (28.12% of total shares) and Beijing Huachuang transferring 20,643,750 shares (13.76% of total shares) to Shenzhen Huili [5][10]. - The total transaction price for the share transfer was 1,013,072,279.88 yuan, with the transfer price set at 16.12 yuan per share [5][6].