Core Viewpoint - The company, Crayon Shin-chan Food Group, is diversifying its business by acquiring an AI software development company for approximately HKD 188 million, despite the target company currently being unprofitable. This move aims to enter emerging industries and expand revenue sources, although challenges remain in integrating AI with its core jelly business [1][2][3]. Group 1: Acquisition Details - Crayon Shin-chan Food Group has signed an agreement to acquire 100% of Qucloud AI HK Limited for HKD 188 million, which is a holding company with a subsidiary focused on AI applications for various industries [2]. - The target company, Beijing Qucloud, is currently operating at a loss, with projected revenues of approximately HKD 175 million and HKD 110 million for 2024 and 2025, respectively, and losses of HKD 41.44 million and HKD 20.88 million for the same years [2]. Group 2: Financial Performance - The company has experienced a turnaround in its financial performance, achieving a revenue of HKD 516 million in the first half of 2025, a 4.5% year-on-year increase, and a net profit of HKD 2.524 million, marking a return to profitability after ten years of losses [4]. - Jelly products remain the primary revenue source, accounting for 91.2% of total revenue in the first half of 2025, up from 86.9% in mid-2024 [5]. Group 3: Industry Context - The jelly market in China is projected to exceed HKD 31 billion in 2024, with a compound annual growth rate of 14.8%, reaching HKD 65 billion by 2030, indicating a competitive landscape with evolving consumer preferences [6]. - The industry is shifting towards health-oriented and functional products, with companies investing in natural ingredients and innovative formulations to meet changing consumer demands [6][7].
为摆脱果冻业务依赖，蜡笔小新食品1.88亿港元跨界AI