Core Viewpoint - Yingli Co., Ltd. is undergoing a significant asset acquisition to enhance its product offerings and revenue streams, particularly by entering the lithium battery sector through the acquisition of Youte Li Energy Co., Ltd. [1][2] Group 1: Acquisition Details - On November 4, 2025, Yingli received notification from the Shenzhen Stock Exchange regarding the acceptance of its application for the acquisition of Youte Li and related fundraising [1] - The acquisition involves purchasing 77.9385% of Youte Li for a total price of 468 million yuan, with plans to raise funds from no more than 35 specific investors [1][2] - Youte Li, established in 2006, specializes in lithium-ion battery technology and customized energy storage solutions, serving clients like BOE, Nokia, and Philips [2] Group 2: Financial Performance - Yingli reported a revenue of 1.843 billion yuan in 2024, a year-on-year increase of 24.18%, and a net profit of 10.27 million yuan, up 129.33% [3] - In the first three quarters of the current year, Yingli achieved a revenue of 1.63 billion yuan, reflecting a growth of 29.61%, with a net profit of 9.77 million yuan, an increase of 58.57% [3] - Despite the revenue growth, the company's net profit margin remains low at 0.6%, and the return on equity is only 0.83%, indicating weak profitability [4] Group 3: Cash Flow and Financial Health - Yingli's cash flow is under pressure, with a net cash flow from operating activities of 106 million yuan in the first three quarters, a decrease of 51.83% year-on-year [4] - The increase in accounts receivable, which reached 918 million yuan with a growth rate of 52.81%, is a significant factor contributing to the cash flow challenges [4]
英力股份，并购重组被受理