Group 1 - The company "孩子王" plans to acquire a 65% stake in "江苏星丝域" from its affiliate "五星控股" and will also purchase 100% of "珠海市丝域实业发展有限公司" for 1.65 billion yuan, making it a subsidiary [1][4] - The acquisition of "江苏星丝域" will be executed at a nominal price of 0 yuan due to its unregistered capital and lack of operational activities prior to the transfer [3] - To finance the acquisition of "丝域实业," "江苏星丝域" intends to apply for a bank loan of up to 1 billion yuan, with "孩子王" providing guarantees up to 650 million yuan [5] Group 2 - In 2024, "孩子王" reported revenue of 9.34 billion yuan, a year-on-year increase of 6.68%, and a net profit of 181 million yuan, up 72.44% [6][7] - The company has experienced a decline in net profit over the past three years, with figures of 2021, 2022, and 2023 being 202 million yuan, 122 million yuan, and 105 million yuan respectively [6] - The acquisition of "乐友国际" has contributed positively to "孩子王's" financial performance, with "乐友国际" generating revenue of 1.05 billion yuan in 2024 [8] Group 3 - "丝域实业" is expected to be a strong asset for "孩子王," with projected revenues of 723 million yuan and 144 million yuan for 2024 and Q1 2025, respectively, and net profit margins of 25.36% and 18.54% [9][10] - The hair care market in China has shown significant growth, with a market size increase from 43.23 billion yuan in 2020 to 57.09 billion yuan in 2023, and is expected to reach 81.25 billion yuan by 2028 [11] - The acquisition is aimed at enhancing "孩子王's" market position and expanding its service offerings to families, leveraging synergies in membership operations and market channels [11]

公告显示，孩子王拟受让五星控股持有的江苏星丝域65%的股权并承担该等股权对应的实缴义务，巨子 生物、自然人陈英燕、王德友拟同时受让五星控股持有的江苏星丝域10%、8%及6%的股权并承担对应 的实缴义务，前述交易完成后，孩子王持有江苏星丝域65%股权，江苏星丝域成为孩子王的控股子公 司。 同时，孩子王拟通过控股子公司江苏星丝域现金收购丝域实业100%股权，本次交易以从事证券期货服 务业务的评估机构出具的权益评估价值为定价参考，最终确定转让价格为人民币16.5亿元。本次交易完 成后，丝域实业将成为孩子王的控股子公司。 据悉，这不是孩子王第一次"跨界"。今年年初，孩子王以1.62亿元人民币现金收购上海幸研生物科技有 限公司（下称幸研生物）60%股权，跨界化妆品行业。 日前，孩子王儿童用品股份有限公司（下称孩子王）发布"关于收购关联方股权暨与关联方共同收购丝 域实业100%股权"的公告。 公告显示，丝域实业成立于2014年7月1日，长期深耕个护行业，成为细分行业龙头企业。截至2024年 末，丝域共经营2503家养发门店，其中176家为直营门店，2327家为加盟门店，合计会员数量超过200 万。 弗若斯特沙利文数据显示 ...