扬杰科技22.18亿元 收购贝特电子

Core Viewpoint - Yangjie Technology plans to acquire 100% equity of Better Electronics for a total price of 2.218 billion yuan, indicating a strategic move to enhance its capabilities in the power electronics sector [1] Group 1: Company Overview - Better Electronics specializes in the research, production, and sales of power electronic protection components and related accessories, established in 2003 with a registered capital of 102.2439 million yuan [1] - The company has no controlling shareholder, with its actual controllers holding a combined 39.35% of the shares [1] - Better Electronics has received various honors, including "Little Giant" enterprise and provincial manufacturing single champion, and its products are widely used in automotive electronics, photovoltaics, energy storage, home appliances, and consumer electronics [1] Group 2: Financial Performance - In 2024, Better Electronics achieved a revenue of 837 million yuan and a net profit of 148 million yuan; in the first quarter of the current year, the revenue was 218 million yuan with a net profit of 41.1337 million yuan [2] - As of the end of March, Better Electronics had total assets of 1.024 billion yuan and equity of 590 million yuan [3] Group 3: Valuation and Commitments - The assessed value of Better Electronics' total equity as of March 31, 2025, is 2.22 billion yuan, representing an increase of 270.46% compared to the book value of total equity [3] - The performance commitment stipulates that from 2025 to 2027, the company must achieve a net profit of no less than 555 million yuan [3] - A holding platform will be established to facilitate the acquisition of Yangjie Technology shares, which will be pledged to ensure the fulfillment of performance commitments [3] Group 4: Previous Listing Attempt - Better Electronics previously submitted an application for listing on the ChiNext board in 2023, aiming to raise 550 million yuan for various projects but withdrew the application in August 2024 [4]