美克家居筹划收购深圳万德溙，标的与露笑科技有“婚约”

Core Viewpoint - Meike Home (600337), previously known as the "first high-end home furnishing stock," is planning a cross-border acquisition of Shenzhen Wande Technology Co., Ltd. amid continuous losses [2][6]. Group 1: Acquisition Details - Meike Home announced it is planning to acquire control of Wande Technology through a combination of issuing shares and cash payments, while also raising matching funds [2][6]. - The company has signed a letter of intent for the equity acquisition with some major counterparties and plans to suspend trading of its stock starting December 18, with an expected suspension period of no more than 10 trading days [2][6]. - Wande Technology specializes in various types of copper cables with transmission rates ranging from 25G to 800G, which are critical physical connection mediums in the computing power industry, particularly driven by the demand from AI data centers [2][6]. Group 2: Previous Investments and Valuation - Wande Technology had previously accepted an investment from another listed company, Luxiao Technology (002617), which invested 60 million yuan for a 16.67% stake to support the construction of automated production lines and new product development [2][6][7]. - The pre-investment valuation of Wande Technology was set at 300 million yuan, increasing to 360 million yuan post-investment by Luxiao Technology [7]. - Wande Technology has committed to achieving net profits of 30 million yuan, 40 million yuan, and 50 million yuan for the years 2025 to 2027, respectively, with agreements for performance compensation and equity buyback [7][8]. Group 3: Future Control and Restrictions - Luxiao Technology has the option to acquire controlling interest in Wande Technology if performance targets are met, with a potential acquisition price set between 500 million yuan and 550 million yuan [7][8]. - There are restrictions in place preventing current shareholders and employee stock ownership platforms of Wande Technology from selling their shares to third parties without written consent from the investors until the acquisition option period expires [8].