三冲IPO无果，欲傍上这家上市公司

Group 1 - Beijing Dongtu Technology Co., Ltd. announced plans to acquire 100% equity of Beijing Gaoweike Electric Technology Co., Ltd. through a combination of issuing shares and cash payment [1] - The acquisition involves all 43 shareholders of Gaoweike, including the actual controllers Zhang Xun and Liu Xinping, with the company's stock suspended from trading starting October 21 [1] - Gaoweike, established in 2001, specializes in industrial automation and has attempted to go public three times without success, ultimately opting for a "backdoor listing" through the acquisition [3][6] Group 2 - Gaoweike's net profit from 2020 to 2022 ranged between 37 million and 58 million, with a non-recurring net profit of only 30.23 million in the first half of 2023 [3] - The company's business model has been questioned due to over 60% of its revenue coming from product distribution, leading to regulatory scrutiny regarding its fit for the Growth Enterprise Market's innovation criteria [3] - Gaoweike's procurement is highly concentrated, with nearly 80% of its purchases coming from major international brands like Mitsubishi, Schneider, and Siemens [4] Group 3 - Dongtu Technology, founded in 2000 and listed on the Growth Enterprise Market in 2012, focuses on "software-defined control" technology and "full IP industrial networking" as its core strategy [6] - In the first half of 2025, Dongtu Technology reported positive performance indicators, with a gross margin increase of 11.56% in its industrial operating system and related software services, and a 72.35% year-on-year increase in orders [7] - The acquisition is expected to create synergies, leveraging Gaoweike's extensive distribution network and industry customer resources to enhance Dongtu Technology's market penetration and future growth potential [7]