603045，重大资产重组

Core Viewpoint - Fuda Alloy (603045) announced plans to acquire a 52.61% stake in Zhejiang Guangda Electronic Technology Co., Ltd. for 352 million yuan, constituting a major asset restructuring [1][4]. Group 1: Transaction Details - The transaction involves multiple parties, including Wenzhou Chuangda Investment Partnership and Wang Zhongnan, among others [3]. - The assessed value of Guangda Electronic's total equity as of June 30, 2025, is 670 million yuan, with a book value of 247 million yuan, resulting in an appreciation rate of 171.38% [3]. Group 2: Financial Commitments - Guangda Electronic has committed to achieving net profits of at least 52.18 million yuan, 66.32 million yuan, and 84.67 million yuan for the years 2025, 2026, and 2027, respectively, totaling a minimum of 203.18 million yuan over three years [4]. Group 3: Business Overview - Fuda Alloy specializes in low-voltage electrical components, particularly electrical contact materials, serving major clients like Schneider and Siemens [4]. - Guangda Electronic, established in 2010, focuses on the research, production, and sales of new electronic pastes, particularly in the photovoltaic conductive paste sector [5]. Group 4: Strategic Implications - Post-transaction, Guangda Electronic will become a subsidiary of Fuda Alloy, expanding its product offerings to include electronic pastes, thereby enhancing the overall supply chain in electrical materials [5]. - The transaction is expected to significantly improve Fuda Alloy's asset scale, revenue, and net profit, enhancing its overall profitability and competitive position [5].