SHAREATE(SH:688257) Zhong Guo Jing Ji Wang·2026-02-24 06:29Group 1 - The core point of the article is that Xinrui Co., Ltd. plans to acquire a 70% stake in Huilian Electronics for up to RMB 700 million to gain control, along with a separate acquisition of a 70% stake in WINWIN HITECH (THAILAND) CO., LTD. for up to RMB 28 million to address competition issues and expand overseas markets [1][2] Group 2 - Huilian Electronics is engaged in the business of PCB tools, cutting tools, and precision parts, with projected revenues of RMB 323.65 million and RMB 333.59 million for 2024 and 2025, respectively, and net profits of RMB 25.61 million and RMB 39.41 million for the same years [2] - The acquisition is expected to generate goodwill of approximately RMB 385 million, with the valuation based on the income approach considering historical performance and industry trends [2] - Xinrui Co., Ltd. plans to issue A-shares to specific investors, with a total fundraising amount not exceeding RMB 1.3157954 billion, aimed at investing in high-performance CNC blade industrial park projects and other initiatives [3][4] - The issuance will not change the control of the company, with Wu Hehong remaining the controlling shareholder post-issuance [4]