Core Viewpoint - Defu Technology plans to raise up to 1.89 billion shares through a private placement to acquire 100% equity of Luxembourg Copper Foil and invest in electronic chemical projects, aiming to enhance its position in the lithium battery and electronic circuit copper foil sectors while alleviating its high debt ratio of 73.55% as of June 30, 2025 [1][6]. Group 1: Fundraising and Acquisition - The company intends to raise a total of up to 1.93 billion yuan, with 1.43 billion yuan allocated for acquiring Luxembourg Copper Foil, a leading global high-end electronic circuit copper foil manufacturer [3][4]. - Luxembourg Copper Foil, established in 1960, specializes in high-grade products and has applications in AI servers, 5G base stations, and mobile terminals [3][4]. - The acquisition is expected to enhance Defu Technology's global presence and customer base, leveraging Luxembourg Copper Foil's established international production and sales network [4]. Group 2: Financial Performance and Market Impact - Defu Technology's stock price has increased by 181.85% year-to-date, significantly outperforming the market, driven by improved financial performance and business expansion [5]. - For the first half of 2025, the company reported revenue of 5.299 billion yuan, a year-on-year increase of 66.82%, and net profit of 38.7062 million yuan, marking a turnaround from losses [5][6]. - The company aims to use 300 million yuan from the fundraising to supplement working capital, optimizing its capital structure and improving operational efficiency [6]. Group 3: Project Development - An additional 200 million yuan will be invested in an electronic chemical project for copper foil additives, which is expected to produce 4,400 tons annually upon full capacity [4]. - The project will focus on key raw materials for lithium battery copper foil additives, enhancing supply stability and reducing costs [4].
德福科技拟定增收购卢森堡铜箔 股价年内涨幅已超180%