9075万收购背后藏着什么？日联科技控股珠海九源，工业检测格局或生变

Core Viewpoint - The acquisition of Zhuhai Jiuyuan by Rilian Technology is a significant step in implementing its "horizontal expansion and vertical deepening" development strategy, aimed at building an industrial testing platform enterprise [1]. Summary by Sections Acquisition Details - Rilian Technology announced the acquisition of 45% equity in Zhuhai Jiuyuan for 60.75 million yuan and an additional capital increase of 30 million yuan, resulting in a 55% controlling stake [2]. - The acquisition will be consolidated into Rilian Technology's financial statements following the completion of the transaction [2]. Company Profiles - Zhuhai Jiuyuan is a national high-tech enterprise specializing in the R&D, production, and sales of high-end new energy power conversion equipment and testing products, with strong technical capabilities in lithium battery performance testing and energy storage converters [3]. - Rilian Technology is a leading domestic provider of industrial X-ray intelligent detection equipment, with applications across integrated circuits, electronics manufacturing, and new energy batteries [3]. Financial Performance - In 2024, Rilian Technology achieved a revenue of 739 million yuan, a year-on-year increase of 25.89%, and a net profit of 143 million yuan, up 25.44% [3]. - Zhuhai Jiuyuan's projected revenues for 2023 and 2024 are 30.48 million yuan and 39.92 million yuan, respectively, with a gross margin exceeding 60%, indicating strong profitability potential for Rilian Technology [5]. Performance Commitments - The existing shareholders of Zhuhai Jiuyuan have waived their preemptive rights, and performance commitments have been established for the years 2025 to 2028, with minimum net profit targets set at 5 million yuan, 20 million yuan, 22.5 million yuan, and 25 million yuan, respectively [4]. - If performance exceeds targets, 40% of the excess will be awarded to the management team as performance incentives [5]. Strategic Implications - The acquisition is expected to create synergies in product development, market channels, and technology integration, enhancing Rilian Technology's competitiveness in the new energy power conversion and intelligent detection equipment sectors [5]. - Rilian Technology aims to continue its "horizontal expansion and vertical deepening" strategy, focusing on both organic growth and synergistic acquisitions to become a world-class industrial testing platform enterprise [5].