SDSL(SZ:000407) Zhong Guo Jing Ji Wang·2025-11-11 06:52Core Viewpoint - Victory Co., Ltd. (胜利股份) has announced a plan to issue shares and pay cash to acquire gas-related assets controlled by its major shareholder and related parties, leading to a significant stock price increase of 10.05% to 4.16 yuan per share [1][2]. Group 1: Transaction Details - The transaction involves acquiring 100% equity of Zhongyou Zhuhai, 100% equity of Tianda Shengtong, and 51% and 40% equity of Nantong Zhongyou and Ganhe Zhongyou, respectively [2]. - The final transaction price and the number of shares to be issued are yet to be determined, pending the completion of auditing and evaluation [2][3]. - The share issuance price for the acquisition has been set at 3.07 yuan per share [3]. Group 2: Fundraising and Use of Proceeds - The company plans to raise funds through a private placement to no more than 35 specific investors, with the total amount not exceeding 100% of the transaction price for the asset acquisition [3][4]. - The raised funds will be used for cash payments for the transaction, supplementing working capital, repaying bank loans, and project construction [4]. Group 3: Financial Performance - The financial data for the target companies shows a decline in revenue from 30.68 billion yuan in 2023 to 16.16 billion yuan in the first nine months of 2025, with net profit also fluctuating [6]. - Victory Co., Ltd. reported revenues of 4.645 billion yuan in 2023, with a slight increase to 4.677 billion yuan in 2024, and a decrease to 4.226 billion yuan in the first nine months of 2025 [7]. Group 4: Company Background - Victory Co., Ltd. was established in 1994 and is primarily engaged in gas production and supply, with a registered capital of approximately 8.8 billion yuan [8].