Group 1 - The core point of the announcement is that Hillstone Technology (01478.HK) has signed a share subscription and purchase agreement with Dixon, allowing Dixon to acquire 51.08% of the paid-up capital of Hillstone India for approximately 5.53 billion Indian Rupees (around 447 million RMB) [1] - The total consideration includes approximately 4.28 billion Indian Rupees (around 346 million RMB) for the share purchase and approximately 1.25 billion Indian Rupees (around 101 million RMB) for the share subscription [1] - After the completion of the transaction, Dixon and its group will hold 51.08% and 48.92% of Hillstone India, respectively, and Hillstone India will no longer be consolidated into the company's financial statements [1] Group 2 - Dixon is the largest design-focused local solutions company in India, engaged in manufacturing products for durable consumer goods, lighting, and mobile markets [2] - Dixon also provides reverse logistics solutions, including LED TV panel repair and refurbishment services [2] - As of the announcement date, Hillstone India, a wholly-owned subsidiary of the company, reported revenue of approximately 7.96 billion Indian Rupees (around 644 million RMB) and a post-tax profit of approximately 251 million Indian Rupees (around 20.31 million RMB) for the six months ending June 30, 2025 [2]
丘钛科技(01478.HK)拟向印度本土龙头Dixon转让印度丘钛51.08%股权 总对价55.3亿印度卢比