连亏股爱克股份拟22亿收购东莞硅翔 标的负债率69%

Core Viewpoint - Aike Co., Ltd. (300889.SZ) resumed trading today with a 20% increase, following a two-day rise before suspension, as the company announced plans to acquire 100% equity of Dongguan Silicon Xiang Insulation Materials Co., Ltd. for a preliminary price of 2.2 billion yuan [1][2][4]. Group 1: Transaction Details - The acquisition will be financed through a combination of issuing shares and cash payments, with the cash portion sourced from fundraising, self-owned funds, or bank loans [1][2]. - The share issuance price for the acquisition is set at 19.90 yuan per share, with plans to raise funds from up to 35 qualified investors, not exceeding 100% of the transaction price [2]. - The transaction is expected to constitute a major asset restructuring but will not result in a reverse listing [4]. Group 2: Performance Commitments - The management team of the target company has made performance commitments, projecting net profits of 170 million yuan, 180 million yuan, and 210 million yuan for the years 2025, 2026, and 2027, respectively, with a cumulative commitment of at least 560 million yuan over three years [3]. Group 3: Financial Overview of Target Company - As of the signing date, the target company's total assets and liabilities are projected to be 191.12 million yuan and 130.31 million yuan for 2023, respectively, with asset-liability ratios of 68.19% [6][7]. - The target company reported revenues of 148.24 million yuan, 192.39 million yuan, and 190.23 million yuan for the years 2023, 2024, and the first three quarters of 2025, with corresponding net profits of 8.04 million yuan, 12.50 million yuan, and 16.01 million yuan [7]. Group 4: Aike Co., Ltd. Financial Performance - Aike Co., Ltd. reported revenues of 106.72 million yuan, 90.32 million yuan, and 82.16 million yuan for the years 2023, 2024, and the first three quarters of 2025, with net profits of 34.32 million yuan, -107.45 million yuan, and -31.08 million yuan, respectively [8][9].