Yangjie Technology(SZ:300373) 中国基金报·2025-07-04 02:11Core Viewpoint - Yangjie Technology has terminated its original plan to acquire Better Electronics through a combination of issuing shares and cash, and is now pursuing a cash acquisition plan instead [2][3][4]. Group 1: Acquisition Details - The original acquisition plan involved issuing shares and paying cash to 67 transaction parties for 100% of Better Electronics, but this plan has been abandoned [6][8]. - The new cash acquisition plan will involve negotiations with only six major shareholders of Better Electronics, significantly reducing the number of transaction parties [6][8]. - An intention agreement for the cash acquisition was signed on July 2, 2025, with the specific acquisition amount to be determined based on due diligence and asset evaluation results [10][12]. Group 2: Financial Performance - Yangjie Technology reported a revenue of 6.033 billion yuan in 2024, a year-on-year increase of 11.53%, and a net profit of 1.002 billion yuan, up 8.50% [14]. - In the first quarter of 2025, the company continued its growth trend, with a revenue of 1.579 billion yuan, representing an 18.90% year-on-year increase, and a net profit of 273 million yuan, up 51.22% [14]. Group 3: Market Context - Better Electronics had previously applied for an IPO in June 2023, seeking to raise 550 million yuan, but withdrew its application in August 2024 [12]. - The products of Better Electronics, which include power electronic protection components, align well with Yangjie Technology's strategic direction in the power electronics sector, indicating potential synergies [12].