Core Viewpoint - The acquisition of 100% equity of Shandong Liuhou Information Consulting Co., Ltd. by Zhongda An has been terminated due to changes in the business operations of the target company, which led to the original shareholders indicating their inability to meet the agreed profit targets for 2025 [1][5]. Summary by Sections Acquisition Details - On August 8, 2024, Zhongda An's board approved the acquisition of Shandong Liuhou for a maximum of 5.5 million yuan, with the agreement stipulating net profit targets of no less than 500,000 yuan for 2024, 1 million yuan for 2025, and 1.2 million yuan for 2026 [2]. - A supplementary agreement was signed on February 24, 2025, which modified the profit targets to 1.5 million yuan for both 2025 and 2026 [2][3]. Business Changes and Termination - The announcement on August 18 stated that due to changes in the business operations of Shandong Liuhou, the original shareholders could not meet the profit target of 1.5 million yuan for 2025, triggering the repurchase conditions [1][5]. - Following the termination, Zhongda An will no longer hold any equity in Shandong Liuhou and will calculate the redemption price based on the original agreement [5]. Strategic Implications - The acquisition was initially viewed as a strategic move to enhance Zhongda An's capabilities in the digital economy and improve its market competitiveness [4][5]. - Despite the positive outlook expressed in previous reports, the rapid termination of this acquisition raises questions about the effectiveness of the company's strategic planning [5].
中达安终止收购!约定新业绩目标还不到半年就称标的无法完成