Core Viewpoint - Yangjie Technology has terminated its original plan to acquire Better Electronics through a combination of issuing shares and cash payments, opting instead to pursue a cash acquisition plan [2][3]. Group 1: Acquisition Details - Yangjie Technology signed a cash acquisition intention agreement with six major shareholders of Better Electronics on July 2, 2025, indicating a shift to negotiate a cash purchase of all or part of Better Electronics' shares [3][11]. - The original acquisition plan involved issuing shares and cash to 67 parties for 100% of Better Electronics, but the new plan significantly reduces the number of parties involved to just six [7][8]. - The decision to terminate the original plan was influenced by the changing capital market environment and the inability to reach an agreement on the terms of the share issuance and cash payment [8]. 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% [12]. - In the first quarter of 2025, the company continued its growth trajectory with a revenue of 1.579 billion yuan, representing an 18.90% increase year-on-year, and a net profit of 273 million yuan, up 51.22% [12]. Group 3: Market Position and Strategy - Better Electronics specializes in the research, production, and sales of power electronic protection components, which aligns with Yangjie Technology's strategic focus on over-voltage protection products [11]. - The acquisition is expected to enhance Yangjie Technology's market position and competitiveness in the downstream customer segment [11].

Core 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].

Group 1 - Yangjie Technology announced the termination of the original plan to acquire 100% equity of Better Electronics through share issuance and cash payment due to changes in the capital market environment and the large number of parties involved [1] - The company will now pursue a cash acquisition of all or part of Better Electronics' equity, aiming to expedite the transaction process and avoid the complexities of share issuance [1] - Better Electronics, established in 2003, has developed a comprehensive product system covering circuit protection components, with a market share of over 30% in the BMS fuse market for new energy vehicles [1] Group 2 - Better Electronics' IPO application was accepted in June 2023 but was withdrawn in August 2024 after failing to respond to regulatory inquiries in a timely manner, raising concerns about the sustainability of its performance growth [2] - The adjustment in Yangjie Technology's acquisition strategy may help accelerate the transaction and mitigate uncertainties associated with the IPO review process [2]

Group 1 - The Ministry of Commerce of China responded to reports about the U.S. President's planned visit to China, emphasizing the need for mutual respect and cooperation to enhance U.S.-China economic relations [2] - The U.S. Department of Commerce has lifted the requirement for government licenses for three major chip design software suppliers, allowing them to fully restore access to their services in China [2] - The U.S. House of Representatives passed the "Big and Beautiful" tax and spending bill, which is controversial due to its impact on federal aid and long-term debt, with an estimated increase in the budget deficit by $3.4 trillion over the next decade [2] Group 2 - The State Council has issued a document to replicate and promote 77 pilot measures from the Shanghai Free Trade Zone, covering various sectors including digital trade and risk prevention [3] - China and the EU held a high-level strategic dialogue, with a focus on enhancing cooperation and maintaining international order amidst rising uncertainties [3] - In May, China's service trade imports and exports totaled 32,543.6 billion yuan, a year-on-year increase of 7.7%, with exports growing by 15.1% [4] Group 3 - The A-share market saw a rebound, led by consumer electronics and innovative pharmaceuticals, with the Shanghai Composite Index closing at 3,461.15 points, up 0.18% [5] - Hong Kong's Hang Seng Index fell by 0.63%, marking five consecutive declines, with significant net selling in major tech stocks [5] - Insurance capital has been increasingly active in the capital market, with 18 instances of stake acquisitions in 2025, indicating a shift in investment strategies [5] Group 4 - The China Federation of Logistics and Purchasing reported that the warehousing index for June was 51%, indicating expansion for eight consecutive months [10] - The retail market for passenger vehicles in June reached 2.032 million units, a year-on-year increase of 15% [10] - New policies to stabilize the real estate market were announced in Jingmen, Hubei, including principles for selling newly developed properties [10] Group 5 - The Ministry of Industry and Information Technology held a meeting to address issues in the photovoltaic industry, focusing on promoting product quality and orderly competition [9] - The National Medical Products Administration proposed ten key measures to support the innovation of high-end medical devices [9] - The Ministry of Industry and Information Technology is piloting number protection services to combat telecom fraud [9]

Group 1 - The company has decided to terminate the plan to issue shares and pay cash for the acquisition of 100% of Dongguan Beite Electronics Technology Co., Ltd. due to changes in the capital market environment and difficulties in reaching an agreement with the transaction parties [1][2] - The decision was made after careful consideration of the current situation, including the progress of negotiations and audit evaluations, with the aim of protecting the interests of the company and its investors [2] - The company will negotiate to acquire all or part of the equity of the target company in cash, with specific transaction details to be submitted to the board of directors for approval [2] Group 2 - The meeting of the supervisory board was held on July 3, 2025, with all three supervisors present, and the resolution to terminate the acquisition plan was passed unanimously [1][2] - The company had initially announced the acquisition plan on March 27, 2025, which involved issuing shares and paying cash to 67 transaction parties [1]

Core Viewpoint - Yangjie Technology has decided to terminate the issuance of shares and cash payment for the acquisition of 100% equity in Better Electronics due to changes in the capital market environment, lack of consensus between parties, and the expectation that the transaction could not be completed within the year [1] Group 1 - The company announced the termination of the planned acquisition of Better Electronics [1] - The reasons for termination include changes in the capital market environment and failure to reach an agreement between the parties involved [1] - The company plans to negotiate a cash-based acquisition of all or part of the equity of the target company [1]

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 证券代码：300373 证券简称：扬杰科技 公告编号：2025-050 扬州扬杰电子科技股份有限公司 第五届董事会第十七次会议决议公告 公司董事会授权公司管理层办理本次交易终止相关事宜。 具体内容详见公司于 2025 年 7 月 3 日在巨潮资讯网（www.cninfo.com.cn） 上披露的《关于继续磋商以现金方式购买资产及终止发行股份、支付现金购买资 产并募集配套资金事项的公告》（公告编号：2025-052）。 本议案已经公司独立董事专门会议审议通过。 扬州扬杰电子科技股份有限公司（以下简称"公司"）于 2025 年 7 月 1 日以 电子邮件和电话的方式发出关于召开公司第五届董事会第十七次会议的通知，会 议于 2025 年 7 月 3 日上午 9：00 以通讯方式召开。 本次会议应到董事 9 人，实到董事 9 人。会议由董事长梁勤女士主持，公司 部分监事、高级管理人员列席了会议。本次会议的召开符合《中华人民共和国公 司法》和《公司章程》的有关规定。经与会董事审议，形成如下决议： 一、审议通过了《关于终止发 ...

证券代码：300373 证券简称：扬杰科技 公告编号：2025-052 扬州扬杰电子科技股份有限公司 关于继续磋商以现金方式购买资产及终止发行股份、 支付现金购买资产并募集配套资金事项的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 扬州扬杰电子科技股份有限公司（以下简称"公司"或"扬杰科技"）于 2025 年 7 月 3 日分别召开第五届董事会第十七次会议和第五届监事会第十七次会议，审 议通过了《关于终止发行股份及支付现金购买资产并募集配套资金的议案》，同意公 司终止本次发行股份及支付现金购买资产并募集配套资金事项。现将相关情况公告 如下： 二、本次交易期间的相关工作 （一）本次交易的历史披露情况 经公司向深圳证券交易所申请，公司股票（证券简称：扬杰科技；证券代码： 300373）自 2025 年 3 月 13 日（星期四）开市起停牌，具体内容详见公司于 2025 年 3 月 13 日披露的《关于筹划发行股份及支付现金购买资产并配套募集资金事项的停 牌公告》（公告编号：2025-009）。停牌期间，公司按照相关规定披露了《关于筹划 发行股份及支付现金购 ...

证券代码：300373 证券简称：扬杰科技 公告编号：2025-054 扬州扬杰电子科技股份有限公司 特此公告。 扬州扬杰电子科技股份有限公司董事会 2025 年 7 月 3 日 1 关于高级管理人员离职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 扬州扬杰电子科技股份有限公司（以下简称"公司"）副总裁王玉林先生因 个人原因提出离职，已办理完毕离职手续，其所负责的工作已平稳交接。离职后， 王玉林先生不再担任公司任何职务。王玉林先生的离职不会对公司的正常运作及 经营管理产生影响。 截至本公告披露日，王玉林先生未持有公司股票。王玉林先生在公司任职期 间恪尽职守，勤勉尽职，公司董事会对王玉林先生任职期间为公司发展所做的贡 献表示衷心感谢！ ...

证券代码：300373 证券简称：扬杰科技 公告编号：2025-051 扬州扬杰电子科技股份有限公司 第五届监事会第十七次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 扬州扬杰电子科技股份有限公司（以下简称"公司"）于 2025 年 7 月 1 日以 电子邮件和电话的方式向各位监事发出关于召开公司第五届监事会第十七次会 议的通知，会议于 2025 年 7 月 3 日上午 11：00 在江苏省扬州市邗江区新甘泉路 68 号公司 5 号厂区办公楼三楼会议室以现场方式召开。 本次会议应到监事 3 人，实到监事 3 人，会议由监事会主席徐萍女士主持。 本次会议的召开符合《中华人民共和国公司法》和《公司章程》的有关规定。经 与会监事审议，形成如下决议： 一、审议通过了《关于公司终止发行股份及支付现金购买资产并募集配套资 金事项的议案》 公司于 2025 年 3 月 27 日披露《扬州扬杰电子科技股份有限公司发行股份及 支付现金购买资产并募集配套资金预案》，公司拟向韩露、刘汉浩、易鹏举、黄 卫平、卢志明、詹小青等 67 名交易对方发行股份及支付现金购买其持 ...