长江通信资产重组事项获上交所审核通过

Core Viewpoint - Changjiang Communication's asset restructuring has been approved by the Shanghai Stock Exchange's M&A Review Committee, which involves acquiring 100% equity of Dias Information Technology Co., Ltd. for 1.107 billion yuan and raising 650 million yuan through a share issuance to enhance performance and meet future funding needs [1][2]. Group 1: Acquisition Details - The acquisition includes multiple entities, such as the First Research Institute of Telecommunications Science and others, to consolidate Dias Information Technology's operations [1]. - Dias primarily focuses on the development and sales of autonomous products in the public security, emergency, and urban operation communication and command sectors, which are significant revenue contributors [2]. Group 2: Strategic Implications - Post-acquisition, Dias will become a subsidiary of Changjiang Communication, which will integrate it into its management, strategic planning, and business systems [2]. - This transaction is expected to broaden the company's product line and provide new business development directions, particularly in the public security emergency command sector [2]. Group 3: Financial Performance - Changjiang Communication reported net profits of 91 million yuan and 186 million yuan for 2021 and 2022, respectively, but saw a 53.67% decline in revenue to 58.6251 million yuan in the first half of 2023 [3]. - The company has been seeking new growth points due to reliance on long-term equity investment income, and the acquisition of Dias is seen as a potential new profit growth driver [3].