天汽模拟收购东实股份控股权 标的曾IPO折戟

Core Viewpoint - Tianqi Mould (002510.SZ), a leading automotive mould company, is planning to acquire a controlling stake in Dongshi Automotive Technology Group Co., Ltd. (Dongshi) through a combination of share issuance and cash payment, marking a significant asset restructuring [1] Group 1: Company Overview - Dongshi was established on June 6, 2001, and its main business includes automotive parts R&D, manufacturing, wholesale, and sales of new energy vehicles and battery swap facilities [2] - Dongshi attempted an IPO on May 25, 2023, aiming to raise 1.798 billion yuan, but withdrew its application on May 17, 2024, after initial review [2] - In 2022, Dongshi reported revenue of 3.258 billion yuan and a net profit of 159 million yuan after deducting non-recurring gains [2] Group 2: Tianqi Mould's Business and Financials - Tianqi Mould, founded in 1996, specializes in automotive body manufacturing equipment and has clients including Tesla, NIO, and BYD [2] - The company has made strategic acquisitions, including the German GIW Mould Company, to expand its business [2] - Tianqi Mould's revenue remained stable from 2022 to 2024, with net profit showing steady growth, reporting 80.1845 million yuan, 83.6194 million yuan, and 95.2528 million yuan respectively [3] - In the first three quarters of 2025, Tianqi Mould's revenue was 1.485 billion yuan, a year-on-year decrease of 22.61%, and net profit was 52.0609 million yuan, down 42.41% year-on-year [3]