QA(SH:603758) Xin Lang Cai Jing·2025-11-12 03:23Core Viewpoint - Qin'an Co., Ltd. announced the acquisition of 99% equity in Anhui Yigao Optoelectronics Technology Co., Ltd. for approximately RMB 885 million, which will make Yigao Optoelectronics a subsidiary and included in the consolidated financial statements [1] Group 1: Acquisition Details - The acquisition will be executed through Qin'an's wholly-owned subsidiary, Chongqing Luling Mountain Stream Enterprise Management Co., Ltd. [1] - The transaction involves multiple stakeholders, including individuals and investment funds, indicating a complex ownership structure [1] - After the acquisition, Qin'an will assume joint liability for the payment of the transaction price and any penalties related to the deal [1] Group 2: Financial Overview - For the year 2024, Qin'an's revenue composition is projected to be 98.05% from automotive parts and 1.95% from other businesses [1] - As of the report date, Qin'an's market capitalization stands at RMB 6.5 billion [1]