Prevail(SZ:300710) Xin Lang Cai Jing·2025-12-05 03:45Core Viewpoint - Wanlong Optoelectronics is planning to acquire control of Zhejiang Zhongkong Information Industry Co., Ltd. through a combination of issuing shares and cash payments, which constitutes a significant asset restructuring but does not qualify as a restructuring listing [1][8] Group 1: Acquisition Details - Wanlong Optoelectronics intends to purchase control of Zhongkong Information, with three entities holding a combined 53.0397% of the company's shares [1][8] - The transaction is classified as a related party transaction and is expected to involve the raising of supporting funds [1][8] Group 2: Zhongkong Information's IPO Attempt - Zhongkong Information previously aimed for an IPO to raise 1 billion yuan, with the application accepted in June 2023 and entering the inquiry stage in July [9] - The IPO was terminated in August 2024 due to the withdrawal of the application by Zhongkong Information and its sponsor [9] Group 3: Business Overview of Zhongkong Information - Zhongkong Information is a provider of intelligent infrastructure services, utilizing technologies such as automation, IoT, AI algorithms, big data, and cloud computing [11] - The company planned to allocate the IPO proceeds for various projects, including 231 million yuan for platform upgrades and 447 million yuan for transportation equipment development [11] Group 4: Financial Performance - From 2021 to 2023, Zhongkong Information reported revenues of 3.085 billion yuan, 3.325 billion yuan, and 3.185 billion yuan, with net profits of 150 million yuan, 159 million yuan, and 146 million yuan respectively [5][11] - The majority of Zhongkong Information's revenue is concentrated in East China, particularly in Zhejiang, which accounted for 62.43%, 71.90%, and 71.21% of its main business income from 2021 to 2023 [12]