Carthane(SH:603037) Mei Ri Jing Ji Xin Wen·2025-11-23 12:29Core Viewpoint - Kaizhong Co., Ltd. is planning to acquire a controlling stake in Anhui Tuosheng Automotive Parts Co., Ltd. through a combination of share issuance and cash payment, with the stock and convertible bonds set to be suspended from trading starting November 24, 2025 [1][2][3]. Company Overview - Kaizhong Co., Ltd. has a current stock price of 13.08 yuan and a market capitalization of 3.506 billion yuan [1]. - Anhui Tuosheng has an annual output value exceeding 500 million yuan and serves high-profile clients such as BYD and NIO [2][3]. - The acquisition involves purchasing 60% of Anhui Tuosheng's equity, with the transaction price based on an asset appraisal report [3]. Financial and Operational Details - The company plans to raise funds from no more than 35 specific investors to finance the acquisition [3]. - Anhui Tuosheng was established in 2013 with a registered capital of 30 million yuan and is located in Guangde City, Anhui Province, covering an area of 84.46 acres [3]. - The company specializes in the research, production, and sales of rubber shock-absorbing components for automobiles and home appliances [3]. Client and Market Position - Anhui Tuosheng's client list includes major automotive manufacturers such as SAIC-GM, GAC, and Geely, and its products are exported to countries including the USA, Germany, and Japan [4]. - The company has been recognized as a high-tech enterprise multiple times and has received various awards for its operational excellence [4]. Ownership and Control - The actual controller of Anhui Tuosheng is Zhu Cheng, who is also the son of Huang Yuejiao, a significant shareholder of Kaizhong Co., Ltd. [5][6]. - Huang Yuejiao has played a crucial role in Kaizhong's development since its inception and was one of the initial investors [6].