Carthane(SH:603037) Xin Lang Cai Jing·2025-11-30 02:17Core Viewpoint - The company Kaizhong Co., Ltd. plans to acquire 60% of Anhui Tuosheng Automotive Parts Co., Ltd. through a combination of issuing shares and cash payment, while also raising supporting funds from specific investors [1][2]. Group 1: Transaction Details - The acquisition involves issuing shares at a price of 11.44 yuan per share, which is set at no less than 80% of the average trading price over the previous 20 trading days [1]. - The fundraising will not exceed 100% of the asset acquisition price, and the number of shares issued will not exceed 30% of the company's total share capital prior to the issuance [1]. - The shares obtained by the transaction counterparties will have a lock-up period, the specifics of which will be determined after the completion of auditing and evaluation [1]. Group 2: Target Company Overview - Anhui Tuosheng was established in 2013 with a registered capital of 30 million yuan, and its controlling shareholder is Zhu Cheng, who holds 55% of the shares [2]. - The company specializes in the R&D, production, and sales of automotive rubber-based elastomer shock absorbers and sealing components, with products used in major automotive systems [2]. - Financial data indicates steady growth in Anhui Tuosheng's performance, with projected net profits of 41.72 million yuan in 2023 and 59.02 million yuan in 2024 [2]. Group 3: Strategic Benefits - The acquisition will complement Kaizhong's main business of polyurethane elastomer shock absorbers, creating a comprehensive product matrix for automotive NVH (Noise, Vibration, and Harshness) solutions [2]. - Both companies will share R&D resources, design databases, and testing laboratories, enhancing market reach and customer service capabilities [2]. - The control of the company will remain stable post-transaction, with the actual controllers being Yang Jiangang and Hou Zhenkun [3].