停牌！600208，拟鲸吞“独角兽”

Core Viewpoint - Quzhou Development plans to acquire shares of Xian Dao Electronic Technology Co., Ltd. (Xian Dao Electric) through a share issuance and raise matching funds, following a failed acquisition attempt by Guangzhi Technology just a month prior [1][9]. Group 1: Acquisition Details - Quzhou Development intends to purchase shares held by Guangdong Xian Dao Rare Materials Co., Ltd. (Xian Dao Rare Materials), which owns 46.957% of Xian Dao Electric, and is also interested in acquiring shares from other shareholders [5][7]. - The acquisition plan is similar to Guangzhi Technology's previous attempt, which was terminated due to disagreements on commercial terms [9]. Group 2: Financial Context - As of July 29, Quzhou Development's stock price was 4.12 yuan per share, with a total market capitalization of 35.06 billion yuan [1]. - Quzhou Development recently announced a projected decline in net profit for the first half of 2025, estimating a drop of 86% year-on-year to 210 million yuan [9][12]. Group 3: Xian Dao Electric's Market Position - Xian Dao Electric is valued at over 20 billion yuan and specializes in the research and manufacturing of sputtering targets and evaporation materials, with applications in new displays, photovoltaics, semiconductors, precision optics, data storage, and specialty glass [1][15]. - The company holds over 30% of the global market share in ITO (Indium Tin Oxide) targets, ranking first worldwide [15].