YSDZ(SZ:002289) Jing Ji Guan Cha Bao·2025-11-24 14:12Core Viewpoint - *ST Yushun has made significant progress in acquiring 100% equity of three data center assets, having paid 51% of the total transaction price, which is expected to enhance its control and improve its financial stability [1][2]. Group 1: Transaction Details - *ST Yushun has paid 17.09 billion CNY, representing 51% of the total transaction price of 33.5 billion CNY for the acquisition of data center assets [1]. - The company will enter a transitional management phase, allowing it to appoint two directors to the new board alongside one from the seller, facilitating a smoother transition [1][2]. - The transitional management measures will enable *ST Yushun to gain control over the target company before the completion of the equity transfer [1]. Group 2: Financial Implications - Following the payment of 51%, *ST Yushun will assume all risks, responsibilities, and profits of the target company from the start of the transitional management measures [2]. - The company has a plan to complete the remaining 49% payment by December 31, 2025, with the assurance that no late penalties will be claimed if obligations are met [2]. - Successful completion of the acquisition is expected to enhance *ST Yushun's risk resilience and profitability, thereby improving asset quality [2].