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这家公司理财占净利“半壁江山”!现要重大资产重组!

Core Viewpoint - The company, Shanghai Chip导 Technology Co., Ltd. (688230.SH), announced a restructuring plan to acquire 100% of Shanghai Jishun Technology Co., Ltd. and 17.15% of Shanghai Shunlei Technology Co., Ltd. for a total price of 402.6 million yuan, marking its first major asset restructuring since its IPO [1][3]. Group 1: Acquisition Details - The company plans to issue convertible bonds and pay cash to fund the acquisition, with an additional fundraising of up to 50 million yuan for transaction costs [1]. - After the transaction, the company will hold 100% of the equity in both Jishun Technology and Shunlei Technology [1]. - Jishun Technology is the controlling shareholder of Shunlei Technology, which focuses on the research, production, and sales of power devices, including automotive-grade and industrial-grade power semiconductor products [2][3]. Group 2: Financial Performance - The target companies are projected to generate revenues of 195 million yuan, 217 million yuan, and 104 million yuan for the years 2023, 2024, and the first half of 2025, respectively, with net profits of 25.26 million yuan, 38.79 million yuan, and 18.61 million yuan [3]. - The transferor has committed to achieving audited net profits of no less than 35 million yuan, 36.5 million yuan, and 40 million yuan for the years 2025 to 2027 [3]. - The company has experienced a decline in revenue since its IPO in 2021, with a 29.33% decrease in 2022 and a 4.68% decrease in 2023 [5][6]. Group 3: Strategic Rationale - The acquisition is expected to enhance the company's performance and market presence, allowing it to leverage Shunlei Technology's established customer base in various sectors, including automotive electronics and industrial applications [3][4]. - The company has relied heavily on investment income for its net profits since 2022, with investment returns accounting for a significant portion of its earnings [7].