Wuhan Lin(SH:688667) Zhong Guo Jing Ji Wang·2026-02-02 07:11Core Viewpoint - Lidian Electric Control (688667.SH) has decided to terminate the proposed acquisition of 98.4260% of Aoyikex's shares through a combination of issuing shares and cash payment, citing changes in market conditions and the complexity of the transaction as reasons for this decision [1][2]. Group 1: Transaction Details - The company originally planned to acquire Aoyikex's shares from 27 counterparties, which would have made Aoyikex a subsidiary of Lidian Electric Control [1][2]. - The estimated value of Aoyikex's total equity was assessed at 48.6 million yuan, with the final transaction price set at 47.76 million yuan for the 98.4260% stake [3]. - The decision to terminate the transaction was made after careful consideration by the board, ensuring that it would not adversely affect the company's operations or the interests of minority shareholders [2][3]. Group 2: Financial Background - Lidian Electric Control raised a total of 972.92 million yuan from its initial public offering, with a net amount of 881.11 million yuan after deducting issuance costs [4]. - The company had initially planned to raise 54.73 million yuan for various projects, including the industrialization of automotive power control systems and the construction of a research and development center [4].