Core Viewpoint - Hisense Home Appliances announced a significant equity acquisition to enhance business integration and management efficiency, indicating a strategic move to consolidate its operations in the appliance sector [1] Group 1: Transaction Details - Hisense Home Appliances' subsidiary, Hisense Mould, will acquire a 26.0006% stake in Hisense Kitchen and Bath from Hisense Visual Technology, resulting in full ownership of Hisense Kitchen and Bath [1] - The transaction is valued at approximately RMB 94.29 million after accounting for dividends already received by Hisense Visual Technology [1] - The valuation is based on the assessed market value of Hisense Kitchen and Bath as of June 30, 2025, amounting to RMB 150.50 million [1] Group 2: Corporate Structure and Relationships - Both Hisense Home Appliances and Hisense Visual Technology are under the indirect control of Hisense Group Holdings, establishing them as related parties in this transaction [1] - The transaction is classified as a related party transaction according to the Shenzhen Stock Exchange listing rules [1] Group 3: Financial Performance - For the first half of 2025, Hisense Home Appliances reported that 92.62% of its revenue came from the home appliance manufacturing sector, with other businesses contributing 7.38% [1] - The current market capitalization of Hisense Home Appliances is approximately RMB 37.6 billion [2]
海信家电:全资子公司海信模具拟购买海信厨卫26.0006%股权