YUTO TECH.(SZ:002831) Zhong Guo Jing Ji Wang·2026-02-11 03:14Core Viewpoint - Yutong Technology (002831.SZ) announced the acquisition of 51% of Dongguan Huayan New Materials Technology Co., Ltd. for a total consideration of 44.88 million RMB, valuing the entire company at 88 million RMB, which will enhance Yutong's competitive edge and expand its business scope in precision components and modules [1][4]. Group 1: Acquisition Details - The acquisition involves purchasing 51% of Huayan Technology from Shenzhen Guankai Investment Co., Ltd. [1] - The total valuation of Huayan Technology is set at 88 million RMB, with the acquisition price for 51% of the shares being 44.88 million RMB [1][2]. - The transaction is classified as a related party transaction due to the ownership structure of Guankai Investment [3]. Group 2: Company Performance and Projections - Huayan Technology reported revenues of 61.96 million RMB for 2024 and 45.59 million RMB for the first eight months of 2025, with net profits of 7.13 million RMB and 4.02 million RMB respectively [4]. - The company has a total asset value of 78.49 million RMB and a net asset value of 21.88 million RMB as of August 31, 2025 [5]. - Performance commitments for Huayan Technology include net profits of no less than 7.5 million RMB, 10 million RMB, and 15.5 million RMB for the years 2026 to 2028 [5]. Group 3: Strategic Implications - The acquisition is expected to leverage Yutong's customer platform and financial resources to enhance Huayan's core competitiveness and explore new growth areas [4]. - Yutong aims to diversify its product structure and improve customer service capabilities by expanding into the precision components and modules sector [4].