Core Viewpoint - Yiyi Co., Ltd. (依依股份) has resumed trading and announced a plan to acquire 100% equity of Hangzhou Gaoye Family Pet Food Co., Ltd. through a combination of issuing shares and cash payment, which has led to a significant drop in its stock price [1][2]. Group 1: Acquisition Details - The company plans to purchase the equity from 19 parties, with the transaction price yet to be determined based on an asset appraisal report [1][2]. - The total amount of funds raised through the issuance of shares will not exceed 100% of the transaction price, with the number of shares issued not exceeding 30% of the company's total share capital prior to the transaction [2]. - The funds raised will be used for cash consideration, intermediary fees, and related taxes, with specific amounts to be disclosed in the restructuring report [2]. Group 2: Financial Performance of Target Company - The target company, Gaoye Family, reported revenues of 301.97 million yuan and 460.45 million yuan for 2023 and 2024, respectively, with net profits of 3.08 million yuan and 18.30 million yuan [4]. - The total net profit for the last two years amounts to 21.38 million yuan [4]. Group 3: Strategic Implications - The acquisition is expected to accelerate Yiyi's market presence in the domestic pet consumption market, covering both dog and cat user groups, and solidifying its leading position in the pet hygiene sector [3]. - The transaction will enhance the company's online operational capabilities and improve team structure through the introduction of professional talent [3]. - The deal aims to strengthen the existing business, expand market boundaries, and increase customer coverage, thereby improving profitability and sustainability [3]. Group 4: Recent Financial Performance of Yiyi - In Q3 2025, Yiyi reported a revenue of 418 million yuan, a year-on-year decrease of 16.98%, and a net profit of 54.5 million yuan, down 2.23% [7][8]. - For the first three quarters of 2025, the company achieved a revenue of 1.31 billion yuan, a slight decline of 0.72%, while net profit increased by 3.82% to 157 million yuan [8].
依依股份全资买高爷家一度跌停 标的两年净利共0.21亿