果链巨头百亿港元并购，终止！

Core Viewpoint - The acquisition plan by GoerTek Inc. for the full ownership of Mia Precision Technology Co., Ltd. and Changhong Industrial Co., Ltd. has been terminated due to the inability to reach an agreement on key terms between the parties involved [1][2]. Summary by Sections Acquisition Details - GoerTek planned to acquire the two companies for approximately 104 billion HKD (around 9.5 billion RMB) [1]. - The two target companies are registered in Hong Kong, with Mia established in 2007 and Changhong in 2004, having registered capitals of 500 million HKD and 50 million HKD respectively [2]. - The combined unaudited revenue for the fiscal year 2024 for both companies is approximately 91.1 billion HKD [2]. Strategic Implications - The acquisition was intended to enhance GoerTek's vertical integration capabilities and improve its competitive edge in the precision structural components sector [3]. - The target companies possess leading industry competitiveness and have significant core technology in metal/non-metal material processing and fine surface treatment [2]. Financial Performance - In the first half of 2025, GoerTek reported a net profit attributable to shareholders of 1.417 billion RMB, a year-on-year increase of 15.65%, while the operating revenue was 37.549 billion RMB, reflecting a year-on-year decrease of 7.02% [3].