衢州发展“易主”后迎来首笔资产收购拟购买热门标的先导电科

Core Viewpoint - The company, now named Quzhou Development, has announced a significant acquisition plan to purchase shares of Xian Dao Electronic Technology Co., Ltd. from Guangdong Xian Dao Rare Materials Co., Ltd. This marks the first acquisition since the company was restructured under state-owned assets and renamed [1][2]. Group 1: Acquisition Details - Quzhou Development plans to acquire shares of Xian Dao Electronic Technology, currently in the planning stage with no signed agreements yet, leading to uncertainty about the transaction's implementation [1]. - The company's stock will be suspended from trading starting July 30, 2025, for a period not exceeding 10 trading days to protect investor interests [1]. - The stock price of Quzhou Development has seen a significant increase, rising from May 28 to July 29, prior to the acquisition announcement [2]. Group 2: Background of Xian Dao Electronic Technology - Xian Dao Electronic Technology, established in July 2017, is a subsidiary of Xian Dao Technology Group, primarily engaged in the manufacturing of chemical raw materials and products [2][3]. - The company has attracted substantial investment, completing a Series A financing round of 1.4 billion yuan (approximately 14 billion) at the end of 2021, followed by a Series B round of 4.5 billion yuan (approximately 45 billion) in September 2022 [3]. Group 3: Previous Acquisition Attempts - Prior to Quzhou Development's interest, Guangzhi Technology attempted to acquire 100% of Xian Dao Electronic Technology in October 2022 but ultimately terminated the deal in June 2023 due to disagreements with some transaction parties [3]. - The proposed acquisition by Guangzhi Technology was referred to as a "snake swallowing an elephant" deal, as Guangzhi's market value was only around 3 billion yuan (approximately 30 billion) while Xian Dao Electronic Technology was valued at 20 billion yuan (approximately 200 billion) [3].