Core Viewpoint - Yanjiang Co., Ltd. (延江股份) has resumed trading and experienced a significant increase of 19.91% in stock price following the announcement of its plan to acquire control of Ningbo Yongqiang Technology Co., Ltd. [1] Group 1: Transaction Overview - The acquisition plan involves issuing shares and cash payments to purchase assets and raise supporting funds, with the company aiming to acquire 98.54% of Yongqiang Technology from 28 shareholders [2][3] - The transaction is contingent upon obtaining necessary approvals and authorizations, and the final transaction price will be determined based on an evaluation report [3][4] - The planned share issuance price for raising supporting funds is set at 9.94 yuan per share, which is not less than 80% of the average trading price over the previous 20 trading days [3] Group 2: Financial Performance - Yongqiang Technology reported revenues of 70.0455 million yuan, 110.0470 million yuan, and 139.4568 million yuan for the years 2023, 2024, and the first nine months of 2025, respectively, with net losses of 37.8291 million yuan, 44.4060 million yuan, and 31.6944 million yuan during the same periods [8] - Yanjiang Co., Ltd. reported revenues of 1.2304 billion yuan, 1.2586 billion yuan, 1.4846 billion yuan, and 1.2951 billion yuan for the years 2022, 2023, 2024, and the first nine months of 2025, respectively, with net profits of 29.3773 million yuan, 20.8718 million yuan, 27.2843 million yuan, and 42.5018 million yuan [11][12] Group 3: Strategic Implications - The acquisition will allow Yanjiang Co., Ltd. to expand its business into the high-end electronic information interconnection materials sector, enhancing its technological research and product development capabilities [6] - The transaction is expected to facilitate direct financing for Yongqiang Technology, providing long-term funding support and improving its ability to attract high-quality talent [6]