Precise(SZ:300442) Chang Jiang Shang Bao·2026-02-24 23:46Core Viewpoint - Runze Technology (300442.SZ) aims to enhance its control over Guangdong Runhui Technology Development Co., Ltd. through an asset restructuring plan, which involves acquiring a 42.56% stake via convertible bonds, ultimately increasing its ownership to 100% [2][4]. Group 1: Restructuring and Control Enhancement - The restructuring plan will allow Runze Technology to fully control Guangdong Runhui, thereby improving operational efficiency and management effectiveness [2][4][5]. - The acquisition is expected to facilitate unified strategic deployment and enhance resource allocation, solidifying Runze Technology's position as a national-level computing service provider [5][6]. Group 2: Financial Performance and Projections - Runze Technology forecasts a net profit attributable to shareholders of 5 billion to 5.3 billion yuan for 2025, representing a year-on-year growth of 179.28% to 196.03% [2][7]. - The company also anticipates a net profit excluding non-recurring items of 1.88 billion to 1.98 billion yuan, with a growth rate of 5.71% to 11.33% [2][7]. Group 3: Business Development and Market Position - The company has successfully transitioned from a regional computing service provider to a national one, with significant growth in its computing center delivery scale, achieving a historical high of approximately 220 MW in new capacity [8]. - Runze Technology's AIDC business has seen substantial development, with the successful delivery of a leading 100 MW intelligent computing center [8]. Group 4: Share Buyback Activity - As of January 2026, Runze Technology has repurchased 11.2769 million shares, accounting for 0.69% of its total share capital, with a total expenditure of 558 million yuan [3][8].