Core Viewpoint - Company Yiyi Co., Ltd. is planning to acquire Hangzhou Gao Ye Jia You Hao Duo Mao Pet Food Co., Ltd. and raise supporting funds through a share issuance and cash payment, leading to a temporary suspension of its stock trading starting October 14, 2025 [1][4]. Group 1: Acquisition Details - The acquisition is in the planning stage, with a preliminary agreement signed with the main counterparties, but no formal transaction agreement has been executed yet [1][4]. - The final transaction price will be determined based on an evaluation report from a qualified appraisal institution, and the transaction is not expected to constitute a related party transaction or a major asset restructuring [4][7]. Group 2: Company Background - Yiyi Co., Ltd. specializes in disposable hygiene care products, including pet hygiene products, which accounted for 93.91% of its total revenue in the first half of 2025 [7]. - The company has established partnerships with international retail chains and e-commerce platforms, exporting products to nearly 40 countries [7]. Group 3: Market Potential - The pet food market is identified as a significant growth area, with the potential to reach a market size of 267 billion yuan by 2025, according to KPMG's report [7][8]. - Yiyi Co., Ltd. has previously indicated intentions to strategically invest in the pet sector, including pet food, and aims to expand its product offerings through resource integration [8].

Group 1: Company Overview - YuJin Investment recently conducted research on Petty Co., focusing on its operational plans for 2024 and Q1 2025, emphasizing the expansion of offline channels such as Sam's Club and Walmart through a "shelf occupation plan" [1] - Petty Co. plans to deepen its high-end dog food market with its own brand "Jueyan" in 2025, particularly in staple food, and has high expectations for its air-dried food products, while also launching high-end cat food [1] - The company has shifted U.S. customer orders to Southeast Asian factories to mitigate the impact of U.S. tariff policy changes, although the specific effects are still uncertain [1] Group 2: Product Development and Market Strategy - In Q1 2025, Jueyan's growth in new snack products includes natural bone and meat chew snacks, staple canned food, freeze-dried snacks, and fresh grain, with rapid growth noted in freeze-dried products [1] - The company plans to introduce high-end cat food, starting with existing loyal customers, while the "Hao Shi Jia" brand targets cost-effective customers [1] - The New Zealand staple brand SmartBalance is set to launch domestically, with an expected 20% to 30% capacity release in 2025 to meet the diverse demands of high-end staple brands [1]