Core Viewpoint - The stock of Viyali (00854.HK) experienced a significant surge of over 900% upon its resumption of trading after a nine-month suspension, indicating strong market interest and potential investor confidence in the company [1][2]. Group 1: Company Overview - Viyali is a well-established electronic components distributor based in Hong Kong, founded in 1981, and listed on the Singapore Stock Exchange in 2001 before moving to the Hong Kong Stock Exchange in 2013 [5]. - The company primarily engages in the distribution of electronic components and has secured agency qualifications from renowned manufacturers such as STMicroelectronics, Asahi Kasei Microdevices, Murata, and Sony [5]. - Viyali's annual distribution revenue is approximately between 3 billion to 4 billion HKD, and it was ranked among the top 50 global electronic component distributors in 2022 [5]. Group 2: Recent Developments - On July 15, 2024, Viyali completed the issuance of 15 million new shares at a subscription price of 2.66 HKD per share, raising approximately 39.5 million HKD, with 60% allocated for repaying bank loans and 40% for operational funding [2][3]. - Following the share issuance, Viyali's total issued share capital increased from 87.69 million shares to 102.69 million shares, with the controlling shareholder, Hong Kong Taixin, reducing its stake from 87.76% to 74.94% [3]. - The company’s stock was suspended from trading on September 30, 2024, due to a public holding percentage falling below 15%, but resumed trading on July 16, 2025 [4]. Group 3: Strategic Importance - The acquisition of Viyali by Yachuang Electronics through its wholly-owned subsidiary Hong Kong Taixin is seen as a strategic integration within the electronic components distribution industry, enhancing Yachuang's product line and market position [6]. - The combined distribution revenue of Yachuang Electronics and Viyali is projected to reach 5 billion HKD, significantly increasing their market share, particularly in the automotive semiconductor sector [6].