筹划一年多 天地在线终止收购佳投集团

Core Viewpoint - The acquisition process of Tian Di Online has been terminated after 13 months due to the withdrawal of the application for asset purchase and fundraising, as decided by the Shenzhen Stock Exchange [1] Group 1: Acquisition Details - Tian Di Online announced plans to acquire 100% equity of Jia Tou Group for a total price of 360 million yuan, with 144 million yuan in cash and 216 million yuan in shares, along with a fundraising of 216 million yuan [1] - The performance commitments from Jia Tou Group include net profits of no less than 40 million yuan, 46 million yuan, and 52.9 million yuan for the years 2025 to 2027 [1] Group 2: Business Impact - The acquisition aimed to expand Tian Di Online's business into advertising trading system services and smart marketing services, enhancing its market position and operational capabilities [2] - The company has faced challenges, with a decline in revenue from 4.061 billion yuan in 2021 to 1.338 billion yuan in 2024, and a shift from profit to loss [2] Group 3: Regulatory Challenges - Following inquiries from the Shenzhen Stock Exchange regarding asset quality and valuation, Tian Di Online requested an extension to provide further information [2] - The acquisition price was later revised down to 290 million yuan, with adjusted performance commitments of 30 million yuan, 34.5 million yuan, and 39.8 million yuan for the same period [2]