Group 1 - Tianyuan Pet is acquiring 89.7145% equity in Guangzhou Taotong Technology Co., Ltd., having previously purchased 10% in cash, resulting in a total ownership of 99.7145% post-transaction [1][2] - The domestic pet industry shows significant growth potential, with the urban pet consumption market expected to reach 300.2 billion yuan in 2024, a year-on-year increase of 7.5%, and projected growth rates exceeding 10% from 2025 to 2027 [1][2] - Online sales in the pet market are robust, with total online sales expected to reach 50.231 billion yuan in 2024, reflecting a 10% year-on-year growth [1][2] Group 2 - The acquisition is expected to yield significant synergies, enhancing Tianyuan Pet's online retail capabilities through Taotong Technology's expertise in e-commerce [2] - Tianyuan Pet's pet food business is experiencing rapid growth, with revenues projected at 688 million yuan in 2023 and 1.176 billion yuan in 2024, supported by established global sales channels [2] - Taotong Technology's new agency brands are anticipated to benefit from market growth, with Brand A projected to generate 360.6354 million yuan in revenue, a growth rate of 35.22%, and Brand B expected to generate 196.0327 million yuan [1][2]
天元宠物拟收购淘通科技89.7145%股权，深化宠物产业布局