NAR(SZ:002825) Zhong Guo Jing Ji Wang·2026-01-15 07:13Core Viewpoint - Nar Holdings (002825.SZ) announced a plan for asset acquisition through share issuance and cash payment, aiming to acquire 100% of Nantong Nar's equity, with the transaction price and share issuance details yet to be finalized [1][3]. Group 1: Transaction Details - The transaction involves issuing shares and cash to acquire a 33.5542% stake in Nantong Nar, with the goal of obtaining full ownership [1]. - The share issuance price is set at 9.10 CNY per share, which is 80% of the average trading price over the last 120 trading days [1]. - The company plans to raise funds from up to 35 specific investors, including various financial institutions, with the issuance price based on the average trading price over the last 20 trading days [2]. Group 2: Fund Utilization - The raised funds will cover cash payments for the acquisition, intermediary fees, taxes, and support for ongoing projects, with a maximum of 25% allocated for liquidity and debt repayment [3]. - The total amount raised will not exceed the transaction price for the asset acquisition [3]. Group 3: Financial Performance of Target Company - Nantong Nar's projected revenues for 2023, 2024, and the first nine months of 2025 are 334.42 million CNY, 464.07 million CNY, and 605.28 million CNY, respectively, with net profits of 19.33 million CNY, 33.96 million CNY, and 66.66 million CNY [4]. Group 4: Termination of Previous Agreement - Nar Holdings announced the termination of a previous equity acquisition agreement due to a lack of consensus on key terms, which will not adversely affect the company's performance or strategic direction [5][6].