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通业科技并购方案迎优化:更务实、更可持续
Quan Jing Wang· 2025-12-30 03:11
Core Viewpoint - Tongye Technology announced a significant asset acquisition and related party transaction, planning to acquire a 91.69% stake in the power communication chip design company, Silin Technology, with multiple optimizations in valuation, acquisition ratio, and equity binding to alleviate financial pressure and enhance cooperation [1][2] Valuation - The valuation of Silin Technology's 100% equity was adjusted from no more than 670 million yuan to 612 million yuan, reducing the transaction price for the 91.69% stake to 561 million yuan, directly easing Tongye Technology's payment pressure [1] Financial Support - The plan includes interest-free loans from the actual controller amounting to 50 million yuan for one year, effectively lowering external financing needs and financial costs. Remaining funds are expected to be secured through merger loans, benefiting from favorable bank support in the current policy environment [1] Equity Structure - The core team of Silin Technology will reduce their share acquisition from 10% to 6%, alleviating their purchase pressure while ensuring deep interest binding through shareholding. Tongye Technology's actual controller will retain over 68% of the shares post-transaction, solidifying control and addressing market concerns regarding potential "disguised share reductions" [1]