XIAC(SH:600897) Ge Long Hui A P P·2026-02-12 10:00Core Viewpoint - Xiamen Airport (600897.SH) has signed an agreement to acquire 100% equity of Zhaoxiang Technology from Xiangye Group for RMB 1.193 billion, representing a premium of 228.58% over the book value. This acquisition aims to enhance the company's core competitiveness and long-term development potential in the aviation industry [1][2]. Group 1 - The acquisition will make Zhaoxiang Technology a wholly-owned subsidiary of Xiamen Airport and will be included in the consolidated financial statements [1]. - The new Xiang'an International Airport is scheduled to be operational by the end of 2026, leading to the closure of Xiamen Gaoqi International Airport as a civil transport airport [1]. - The ownership and operational management of the new airport are still under research and discussion, with Xiangye Group being the controlling shareholder responsible for the new airport's construction [1]. Group 2 - Zhaoxiang Technology focuses on civil aviation information technology, smart logistics, and low-carbon transformation, and is recognized as a national model enterprise for scientific reform and a national high-tech enterprise [2]. - The acquisition is expected to enhance the company's sustainable profitability and risk resistance, while also facilitating the expansion into emerging fields such as civil aviation intelligence [2]. - This strategic move aligns with national policies encouraging listed companies to upgrade and transform towards new productive forces [1][2].