Naruida(SH:688522) Zheng Quan Zhi Xing·2025-08-29 12:16Core Viewpoint - The company, Guangdong Narui Radar Technology Co., Ltd., plans to issue shares and pay cash to acquire 100% equity of Tianjin Sigma Microelectronics Technology Co., Ltd. and raise supporting funds, with a total transaction value of 370 million yuan [11][12][15]. Group 1: Transaction Overview - The transaction involves issuing shares and paying cash to 12 counterparties, including Zhou Qifeng, Li Ying, and Tianjin Good Hope Microelectronics Technology Partnership [11][12]. - The payment structure consists of 50% in shares and 50% in cash for the acquisition of Tianjin Sigma Microelectronics [11][12]. - The estimated value of Tianjin Sigma's 100% equity is 370 million yuan, with differentiated pricing for various counterparties based on their initial investment costs [12][15]. Group 2: Business Impact - The acquisition aims to enhance the company's core technology in active phased array radar systems and improve its competitive edge in the radar market [23]. - The target company specializes in the research, design, and sales of integrated circuits, including optical sensors and MCU chips, which will complement the company's existing radar technology [23]. - The transaction is expected to strengthen the company's supply chain and technology integration, moving from component-level integration to chip-level collaboration [23]. Group 3: Fundraising Details - The company plans to raise up to 185 million yuan through the issuance of shares to no more than 35 specific investors, with all funds allocated to cash payments for the acquisition [18][22]. - The shares issued for fundraising will be subject to a six-month lock-up period post-issuance [22]. Group 4: Shareholder Structure Changes - The transaction will result in changes to the company's shareholder structure, with specific adjustments in shareholding percentages for existing shareholders following the issuance of new shares [23].