TBEA(SH:600089) Zhi Tong Cai Jing·2025-10-16 12:39Core Viewpoint - TBEA Co., Ltd. aims to increase its market share in the mid-to-high-end cable products sector by acquiring a significant stake in Yangzhou Shuguang Cable Co., Ltd. through its wholly-owned subsidiary TBEA Electrical Equipment Group Co., Ltd. [1] Group 1: Acquisition Details - TBEA Electrical Equipment Group signed a share transfer agreement to acquire 225 million shares of Yangzhou Shuguang Cable, representing 74.1942% of its total equity, for a total cash consideration of 946 million yuan [1] - Following the acquisition, Yangzhou Shuguang Cable will be included in TBEA's consolidated financial statements [1] Group 2: Strategic Implications - Yangzhou Shuguang Cable has a comprehensive range of cable products and a strong historical performance, particularly in the mid-to-high-end cable market for nuclear power and rail transit [1] - The acquisition is expected to optimize TBEA's organizational structure and enhance its production capacity, profitability, and overall market competitiveness through the integration of resources in marketing, management, and technology [1]