YSDZ(SZ:002289) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-03 23:31Core Viewpoint - Shenzhen Yushun Electronics Co., Ltd. is progressing with a major asset acquisition involving cash payment for data center-related assets, which has been approved by the board and will enhance the company's operational capabilities and financial stability [2][21]. Group 1: Board Meeting Resolutions - The company's board held an emergency meeting on November 3, 2025, where all seven directors attended and unanimously approved the proposal to sign a memorandum for the cash purchase of assets [1][4]. - The board confirmed that the meeting complied with the Company Law and the company's articles of association [1][4]. Group 2: Asset Purchase Agreement - The company is acquiring 100% equity of three subsidiaries related to data center operations from Energy Sight Limited, Basic Venture Limited, and Shanghai Huizhidin Management Consulting Co., Ltd. [7]. - The asset purchase agreement was approved in the second extraordinary general meeting of shareholders on September 29, 2025, and has since become effective [7][8]. Group 3: Progress of the Transaction - As of October 10, 2025, the company has made an initial payment of 335 million yuan (approximately 33.5 million) as part of the transaction [8]. - The board and supervisory committee approved the signing of a memorandum on November 3, 2025, to facilitate the ongoing transaction process [10][21]. Group 4: Memorandum Details - The memorandum extends the deadline for the second installment payment to November 25, 2025, and specifies that this payment will amount to 3.015 billion yuan (approximately 301.5 million) [12][13]. - The memorandum outlines management measures for the acquired companies during the transition period, including the appointment of new directors and the transfer of key company documents [17][18].