Tianlong Corporation(SH:603266) Sou Hu Cai Jing·2026-01-07 23:59Group 1 - The core investment involves Tianlong Co., Ltd. acquiring a 54.87% stake in Suzhou Haomibo Technology Co., Ltd. for 232 million RMB, making it a subsidiary included in the consolidated financial statements [2][4] - Suzhou Haomibo, established in 2016, focuses on 4D millimeter-wave radar sensor development and aims to provide mass-producible ADAS systems and unmanned traffic control solutions for automotive manufacturers [3][5] - The investment is part of Tianlong's strategy to transition from automotive component supply to integrated smart sensing components, enhancing its competitive edge in the automotive electronics sector [5] Group 2 - The transaction includes a cash payment of 132 million RMB for a 32.30% stake and an additional 100 million RMB for a capital increase, resulting in Tianlong holding a 33.33% stake post-investment [4] - Suzhou Haomibo's revenue for the first three quarters of 2025 is projected to be 33.79 million RMB, reflecting a 288.64% increase compared to 2024 [3] - The deal includes performance-based clauses, with revenue targets set at 1.2 billion RMB and net profit targets at 48 million RMB over the next four years [5]