连亏股百纳千成拟收购20CM涨停 众联世纪IPO路3年下车

Core Viewpoint - The company Baina Qiancheng (300291.SZ) has resumed trading with a significant stock price increase of 20.08% following the announcement of a plan to acquire 100% of Xiamen Zhonglian Century Co., Ltd. through a combination of share issuance and cash payment, along with raising supporting funds from specific investors [1][2]. Group 1: Acquisition Details - The acquisition involves purchasing 64.15% of Zhonglian Century's shares from seven parties, and indirectly acquiring an additional 35.86% through other entities [1][7]. - The share issuance price for the acquisition is set at 4.80 yuan per share, although the final transaction price will be determined based on an evaluation report from a qualified appraisal agency [2][3]. - The company plans to raise supporting funds from no more than 35 specific investors, with the total amount not exceeding 100% of the acquisition price [2][3]. Group 2: Financial Performance - Baina Qiancheng reported net losses of 230 million yuan, 610 million yuan, and 101 million yuan for the years 2023, 2024, and the first three quarters of 2025, respectively [5]. - Zhonglian Century's revenue for the same periods was 735.76 million yuan, 1.38 billion yuan, and 1.00 billion yuan, with net profits of 150.51 million yuan, 176.49 million yuan, and 177.56 million yuan [7][8]. Group 3: Business Focus - Baina Qiancheng primarily engages in multi-format film and television businesses and marketing, while Zhonglian Century specializes in digital marketing services, leveraging its self-developed marketing technology to provide comprehensive solutions [3][6]. - The acquisition is expected to enhance Baina Qiancheng's marketing capabilities and expand its business into mainstream digital advertising and cloud computing ecosystems [3].