Core Viewpoint - Ningbo Fangzheng Automotive Mould Co., Ltd. plans to acquire 60% equity of Fujian Junpeng Communication Technology Co., Ltd. in a cash transaction, which will make Junpeng a wholly-owned subsidiary after the deal [1][4]. Group 1: Transaction Details - Ningbo Fangzheng currently holds 40% of Junpeng, while Fujian Pengxin Chuangzhan New Energy Technology Co., Ltd. holds the remaining 60% [1]. - The transaction is classified as a related party transaction, as Junpeng is controlled by the actual controllers of Ningbo Fangzheng [1][5]. - The acquisition is expected to constitute a major asset restructuring but will not involve issuing shares or changing control of the company [1]. Group 2: Historical Context - The acquisition process has a history, as Ningbo Fangzheng previously planned to acquire at least 51% of Junpeng in September 2023 but later adjusted its plan to acquire 40% due to disagreements on key transaction terms [4]. - In December 2023, Ningbo Fangzheng disclosed plans to use its own funds of 340 million yuan to acquire the 40% stake, which constitutes a related party transaction [5]. Group 3: Financial Performance - Junpeng's financial performance shows a decline in revenue from 566 million yuan in 2022 to 224 million yuan in 2023, with net profits of 103.69 million yuan and 35.68 million yuan respectively [6]. - The related party Pengxin Chuangzhan has committed to achieving net profits of no less than 100 million yuan, 110 million yuan, and 120 million yuan for the years 2024, 2025, and 2026 [6][7]. Group 4: Strategic Rationale - Ningbo Fangzheng aims to enhance its business synergy with Junpeng, as both companies operate in the new energy sector, which is expected to create collaborative benefits in customer development and operational efficiency [9]. - The company has faced challenges in profitability since its IPO in June 2021, with continuous revenue growth but declining net profits, leading to a loss in 2023 [10][11]. Group 5: Financial Position - As of September 2024, Ningbo Fangzheng reported cash reserves of 715 million yuan, primarily due to a fundraising effort in 2023 that raised approximately 800 million yuan for production projects and working capital [13]. - The company may consider bank loans to finance the cash acquisition, which could increase its debt burden [14].

制图：佘诗婕 早有渊源 星标 ★ IPO日报 精彩文章第一时间推送 4月16日晚间，宁波方正汽车模具股份有限公司（下称"宁波方正"，300998.SZ）发布公告称，公司正筹划以现金方式购买福建骏 鹏通信科技有限公司（下称"骏鹏通信"）60%股权。 本次交易实施前，宁波方正已持有骏鹏通信40%股权，福建省鹏鑫创展新能源科技有限公司（下称"鹏鑫创展"）持有骏鹏通信 60% 股权。骏鹏通信由上市公司实际控制人方永杰、王亚萍之女方如玘控制。 因此，本次交易构成关联交易。本次交易完成后，骏鹏通 信将成为宁波方正全资子公司。 本次交易预计构成重大资产重组，但不涉及发行股份，也不会导致公司控制权变更。 据悉，标的公司骏鹏通信成立于2003年，主营业务为新能源动力电池结构件及储能设备结构件的研发、设计、制造、销售。 IPO日报发现，宁波方正与骏鹏通信早有渊源。 早在2023年9月，宁波方正就曾计划控股骏鹏通信。彼时，宁波方正筹划以现金方式购买骏鹏通信不低于51%股权。 然而重组推进接近一年，2024年8月，宁波方正宣称，鉴于现阶段交易各方未能就主要交易条款等达成一致意见，公司决定终止筹划 重大资产重组事项，并拟调整购买资产方 ...