天龙股份拟2.32亿元拿下苏州豪米波54.87%股权 快速切入汽车智能驾驶、低空飞行等赛道

Core Viewpoint - Tianlong Co., Ltd. plans to invest in Suzhou Haomibo Technology Co., Ltd. through equity transfer and capital increase, acquiring a 54.87% stake for 232 million yuan, making it a subsidiary included in the consolidated financial statements [1][2] Group 1: Investment Details - The investment involves a cash payment of 132 million yuan for a 32.30% equity stake and an additional 100 million yuan for a capital increase of 760.80 million yuan, resulting in a total investment of 232 million yuan [2] - Suzhou Haomibo focuses on developing 4D millimeter-wave radar and multi-sensor information fusion for automotive applications, aiming to provide mass-producible ADAS systems and solutions for unmanned traffic control [1][2] Group 2: Financial Projections - Suzhou Haomibo's R&D expenses are projected to be 34.06 million yuan in 2024 and 22.05 million yuan from January to September 2025, leading to temporary losses [2] - Revenue for Suzhou Haomibo is expected to reach 33.79 million yuan from January to September 2025, representing a 288.64% increase compared to the full year of 2024, with losses narrowing as revenue scales up [2] Group 3: Strategic Implications - This transaction allows Tianlong to extend its supply chain from automotive components to integrated intelligent sensing parts, enhancing its core competitiveness in the automotive electronics sector [3] - Suzhou Haomibo has established connections with major automotive manufacturers, providing Tianlong with opportunities to access direct procurement needs from OEMs and expand its market reach [3] Group 4: Performance Commitment - The founders of Suzhou Haomibo have committed to achieving a cumulative revenue target of 1.2 billion yuan and a net profit of 48 million yuan over the performance commitment period from 2026 to 2029 [4]