Shenzhen EXC-LED Technology (SZ:300889) Zheng Quan Ri Bao Zhi Sheng·2025-12-02 13:14Core Viewpoint - Aiketech plans to acquire 100% equity of Dongguan Silicong and raise supporting funds through a share issuance and cash payment, with a transaction value of 2.2 billion yuan, marking a significant asset restructuring [1] Group 1: Company Strategy - Aiketech is seeking business transformation due to industry development constraints and market demand, having initiated a strategic upgrade in the new energy vehicle sector since 2021 [2] - The company has completed strategic acquisitions of leading firms in the new energy battery safety materials and automotive components sectors, aiming for new energy-related revenue to exceed 50% by 2025 [2] Group 2: Acquisition Details - Dongguan Silicong, established in 2008, specializes in thermal management materials for new energy vehicle batteries, with a product range that includes integrated busbars and flexible circuit boards [2] - The company has already begun generating revenue from liquid cooling products, which are expected to grow rapidly starting in 2025 [2] Group 3: Financial Performance - Dongguan Silicong's projected revenues for 2023 and 2024 are 1.482 billion yuan and 1.924 billion yuan, with net profits of 80.42 million yuan and 125 million yuan respectively [3] - The company has set performance commitments for Dongguan Silicong, with net profit targets of 170 million yuan, 180 million yuan, and 210 million yuan for the years 2025, 2026, and 2027, respectively [3] Group 4: Future Outlook - The acquisition is expected to enhance Aiketech's second growth curve and improve its capabilities in the new energy battery and vehicle sectors, expanding into the data center liquid cooling market [3]