Overview - The company, Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd., plans to acquire a 46.9167% stake in Jiangsu Damo Semiconductor Technology Co., Ltd. and increase its capital by 8 million yuan, totaling 53.04 million yuan for the transaction [1][2][4]. Transaction Details - The acquisition will result in the company holding a total of 51% of Damo Semiconductor's shares, making it a controlling subsidiary [1][2]. - The transaction is subject to approval by the company's shareholders and does not constitute a related party transaction or a major asset restructuring [2][3]. Financial Metrics - Damo Semiconductor's total assets are reported at 70,564.29 million yuan, while Lvtong's total assets are 310,673.63 million yuan, indicating a 22.71% asset ratio [3]. - The net asset ratio of Damo Semiconductor to Lvtong is 18.77%, with Damo's revenue at 27,786.27 million yuan, representing 33.44% of Lvtong's revenue of 83,099.82 million yuan [3][4]. Valuation and Pricing - The total transaction price is set at 53.04 million yuan, with Damo's net assets at 20,761.66 million yuan, which is below the transaction price [4]. - The valuation of Damo Semiconductor was assessed at 96,380 million yuan, with a significant increase in value compared to its book value [12][13]. Strategic Intent - The transaction aims to enhance the company's growth opportunities amid declining performance in its main business due to increased competition and trade tensions in the U.S. electric vehicle market [29]. - The company seeks to explore strategic emerging industries and cultivate new growth points through investments or acquisitions [29].
绿通科技: 关于收购江苏大摩半导体科技有限公司部分股权并对其增资的公告