Core Viewpoint - Xinghua New Materials is actively pursuing cross-border acquisitions to expand into the artificial intelligence sector, aiming to enhance its growth and profitability [1][2]. Group 1: Acquisition Details - Xinghua New Materials plans to acquire at least 51% of Hangzhou Tiankuan Technology Co., Ltd. for a valuation not exceeding 660 million yuan, with the final valuation to be determined in the formal acquisition agreement [1]. - The acquisition of Tiankuan Technology is seen as a strategic move to further develop the company's capabilities in artificial intelligence and digital transformation services [2]. Group 2: Financial Performance - In the first three quarters of 2025, Xinghua New Materials reported total revenue of 581 million yuan, a year-on-year decrease of 1.84%, marking the first quarterly revenue decline since 2024 [5]. - The company's net profit attributable to shareholders for the same period was 108 million yuan, reflecting a year-on-year increase of 1.82%, although the net profit for the third quarter alone decreased by 29.95% to approximately 27.4 million yuan [5]. Group 3: Strategic Direction - The company aims to accelerate its transformation towards new productive forces and create a second growth curve through these acquisitions, thereby increasing new profit growth points and enhancing sustainable profitability [2]. - The acquisition strategy is part of a broader effort to address the pressures on revenue growth and improve the company's financial and operational performance [6].
跨界收购东旺科技后，反光材料企业星华新材再出手：拟收购天宽科技不低于51%股份，拓展人工智能领域