自控股上海嘉乐以来，开润股份积极推进业务整合，发挥产业协同效应，拉动其运营效率与业绩持续攀 升。 12月29日晚间，开润股份（300577）发布公告，全资子公司滁州米润科技有限公司(下称"滁州米润")拟 进一步收购上海嘉乐股份有限公司(下称"上海嘉乐")28.15%股份，交易作价为3.94亿元。 此前，滁州米润已持有上海嘉乐71.85%股份，本次交易完成后，滁州米润将对上海嘉乐实现100%持 股，上海嘉乐正式成为开润股份的全资子公司。公司表示，本次交易将提高运营和决策管理效率，降低 管理成本，实现整体资源的优化配置，为打造"面料+成衣"第二增长曲线奠定坚实基础。 公开资料显示，上海嘉乐创建于1993年，具备从面料研发、织造、染整、印(绣)花到成衣的垂直一体化 生产能力，主要生产和销售各类中高档纺织休闲时装和运动系列产品，产能服务于Uniqlo、Adidas、 Puma、MUJI等全球知名客户，在上海和印尼均建有"纺织面料+服装"的垂直一体化生产基地，并在安 徽建有成衣制造基地，具备丰富的全球化运营和管理经验。 开润股份起步于箱包制造业务，近年来围绕"同一品类延展客户、同一客户延展品类"的发展战略，持续 延伸产 ...

Core Viewpoint - Kairun Co., Ltd. plans to further increase its stake in Shanghai Jiale Co., Ltd. to strengthen control and enhance strategic synergy in the textile and garment industry [1][2] Group 1: Acquisition Details - Kairun's wholly-owned subsidiary, Chuzhou Mirun Technology Co., Ltd., intends to acquire an additional 20% stake in Shanghai Jiale for a transaction price of 280 million yuan [1] - Following the acquisition, Kairun's ownership in Shanghai Jiale will rise from 51.85% to 71.85%, solidifying its control [1] - Kairun first invested in Shanghai Jiale in 2020 with a 28.7% stake, which has been increased in subsequent years [1] Group 2: Strategic Rationale - The acquisition is aimed at enhancing overall strategic coordination and resource integration, reducing management costs, and optimizing resource allocation [1] - Kairun views the garment manufacturing industry as closely aligned with its existing bag manufacturing business, with high customer entry barriers [2] Group 3: Performance Metrics - Shanghai Jiale achieved a revenue of 1.489 billion yuan in 2024, a year-on-year increase of 15.81%, and turned a profit with a net income of 48.92 million yuan [2] - In the first half of this year, Shanghai Jiale reported a revenue of 685 million yuan, up 6.88%, and a net profit of 34.75 million yuan, a significant increase of 65.01% [2] - Kairun's overall revenue for the first half of the year reached 2.427 billion yuan, a 32.53% increase, with the garment manufacturing segment growing by 148.25% [3]