依依股份终止收购高爷家 公告收购当天股价曾一度跌停

Core Viewpoint - The company, Yiyi Co., Ltd. (依依股份), has announced the termination of its plan to issue shares and pay cash for asset acquisition, along with fundraising activities, due to changes in the operational performance of the target company since the initial planning phase [1][2]. Group 1: Termination Announcement - The company held its fourth board meeting on February 10, 2026, where it approved the termination of the asset acquisition and fundraising plan [1]. - A termination agreement was signed with the counterparties involved in the transaction [1]. Group 2: Reasons for Termination - The company stated that since the announcement of the transaction, it has complied with relevant laws and regulations while actively working with all parties involved [2]. - Changes in the target company's sales model during the 2025 Double Eleven shopping festival and the investment in new cat food products led to a deviation from initial operational expectations, preventing agreement on key commercial terms [2]. - After thorough discussions and considerations, the company decided to terminate the transaction to protect the long-term interests of the company and its investors [2]. Group 3: Previous Transaction Details - The initial plan involved acquiring 100% equity of Hangzhou Gaoye Family Pet Food Co., Ltd. from 19 counterparties through a combination of share issuance and cash payment [3]. - The transaction price was to be determined based on an asset appraisal report, which had not been completed at the time of the announcement [3]. Group 4: Fundraising Plan - The company intended to raise funds from no more than 35 qualified investors through a targeted share issuance, with the total amount not exceeding 100% of the transaction price [4]. - The net proceeds from the fundraising were planned to cover cash payments for the transaction, intermediary fees, and related taxes, with specific amounts to be disclosed in the restructuring report [4]. - Following the announcement, the company's stock price experienced a significant drop, reaching a low of 31.37 yuan, a decrease of 9.99% during trading [4].