Group 1 - Guangyang Co., Ltd. is planning a major asset restructuring to acquire 100% equity of Ningbo Yinqiu Technology Co., Ltd. in the bearing industry [1] - The acquisition will be financed through a combination of issuing shares and cash payments, with the final terms to be determined in a formal agreement [1] - Ningbo Yinqiu Technology, established in 1995, has a production capacity of 1.1 billion sets of bearings annually and has established long-term partnerships with major companies in the home appliance and automotive sectors [1][2] Group 2 - In 2024, Ningbo Yinqiu Technology is projected to achieve revenue exceeding 650 million yuan, representing a 30% year-on-year increase, with a domestic market share of over 80% for high-speed bearings [2] - Guangyang Co., Ltd. reported a revenue of 2.31 billion yuan in 2024, a year-on-year growth of 26.69%, and a net profit of 51.01 million yuan, marking a return to profitability [2] - The company is expanding its production capacity, with a total capacity of 13.9 million sets per year and an additional 7.29 million sets under construction by the end of 2024 [2]