Core Viewpoint - Hualing Cable plans to acquire control of Anhui SanZhu Intelligent Technology Co., Ltd. for a total consideration not exceeding 270 million yuan, aiming to enhance its presence in robotics and high-frequency transmission sectors, thereby creating a second growth curve and improving its value center [2][6]. Group 1: Acquisition Details - The acquisition involves the purchase of 100% equity of SanZhu Intelligent, which is a national high-tech enterprise and a specialized small and medium-sized enterprise in Anhui [5]. - SanZhu Intelligent specializes in the research, production, and sales of connectors and wiring harnesses, with applications in servo drive systems, robotics, and industrial machinery [5]. - The company has notable clients including Panasonic, Huichuan Technology, and Gree Intelligent Equipment, and is actively expanding into international markets [5]. Group 2: Financial Performance - As of December 31, 2024, SanZhu Intelligent's total assets are 185 million yuan, with a net asset of 94 million yuan. The projected revenue for 2024 is 209 million yuan, with a net profit of 25 million yuan [5]. - Hualing Cable's revenue has shown steady growth from 2.543 billion yuan in 2021 to 4.158 billion yuan in 2024, while its net profit has fluctuated, reaching 109 million yuan in 2024 [7][8]. Group 3: Performance Commitment - The shareholders of SanZhu Intelligent have committed to a performance guarantee for the next three years, with a total net profit target of approximately 71 million to 75 million yuan from 2026 to 2028 [6]. Group 4: Strategic Intent - The acquisition aligns with Hualing Cable's strategy to respond to national high-quality development policies and deepen its business in industrial connectors and wiring harness components, aiming to enhance its profitability [8].
华菱线缆拟收购三竹智能控制权