Xin Lang Cai Jing·2026-02-14 11:24Core Viewpoint - Runze Technology plans to acquire 42.56% of Guangdong Runhui Technology Development Co., Ltd. through the issuance of convertible bonds, aiming for 100% ownership to enhance business integration in IDC and AIDC sectors [1][5]. Group 1: Acquisition Details - The acquisition involves 12 investors, including CICC Computing Power Fund, and is expected to raise supporting funds [1][5]. - Guangdong Runhui was established on April 22, 2020, with a registered capital of 583.6392 million yuan, focusing on internet data services and cloud computing equipment [7]. - Prior to this acquisition, Runze Technology controlled 57.44% of Guangdong Runhui, which is already included in the consolidated financial statements of the listed company [2][7]. Group 2: Strategic Importance - The acquisition is a strategic move to deepen business integration and strengthen control over core assets, positioning Runze Technology as a leading comprehensive computing power service provider in China [2][7]. - The Guangdong Runhui project is located in a key area of the Guangdong-Hong Kong-Macao Greater Bay Area, serving major internet companies and cloud service providers, highlighting its strategic location and customer resource scarcity [8][9]. Group 3: Financial Performance and Future Outlook - Guangdong Runhui reported revenue of 62.8854 million yuan and a net loss of 4.3295 million yuan for the first three quarters of 2025, with negative cash flow from operating activities [3][9]. - The company is in the early stages of client onboarding, with high fixed costs impacting profitability; however, as the computing power center ramps up, it is expected to leverage scale advantages and attract high-quality clients [4][9]. - Runze Technology's stock price has increased over 40% since January, closing at 76.50 yuan per share before the trading suspension [4][9].