QA(SH:603758) Ju Chao Zi Xun·2025-11-12 03:57Core Viewpoint - Qin'an Co., Ltd. plans to acquire 99% equity of Anhui Yigao Optoelectronics Technology Co., Ltd. for RMB 884.63 million, marking a strategic move into the high-end vacuum coating sector [2][4] Group 1: Transaction Details - The acquisition will be conducted through Qin'an's wholly-owned subsidiary, Chongqing Luling Mountain Stream Enterprise Management Co., Ltd. [2] - The transaction involves 12 existing shareholders of Yigao Optoelectronics, with performance commitments to achieve a cumulative net profit of no less than RMB 240 million over three years [2][3] - The transaction price is based on an asset evaluation report, with Yigao's total equity value assessed at RMB 959.4 million, reflecting an appreciation of RMB 713.34 million and a growth rate of 289.91% [3] Group 2: Company Profile - Yigao Optoelectronics is a national high-tech enterprise specializing in high-end vacuum coating, with products used in high-end mobile phones, smart wearable devices, and automotive display systems [3] - In 2024, Yigao is projected to achieve revenue of RMB 222.58 million and a net profit of RMB 65.94 million [3] Group 3: Strategic Implications - Post-acquisition, Yigao will become a subsidiary of Qin'an, contributing to the company's strategy of "external expansion and innovative development" [4] - The acquisition aims to create a dual-driven business model combining "automotive parts manufacturing" and "vacuum coating," enhancing market competitiveness through resource and technology synergies [4]