Group 1 - The company Xin Hongye plans to acquire 62% equity of Yangzhou Shuguang for cash, making it a subsidiary after the transaction [1] - Yangzhou Shuguang specializes in servo motors and drivers, with applications in industrial automation, and reported net profits of 35.66 million yuan in 2022 and 37.75 million yuan in 2023 [1] - The acquisition aligns with Xin Hongye's strategy to extend into high-value downstream products, enhancing its profitability while maintaining its core competitiveness in the cable sector [2] Group 2 - Xin Hongye will pay a deposit of 30 million yuan for the acquisition and will make installment payments as per the equity transfer agreement [1] - The transferor guarantees that Yangzhou Shuguang's cumulative net profit from 2026 to 2028 will not be less than 105 million yuan, with compensation terms if targets are not met [1] - Xin Hongye operates in sectors such as new energy vehicles, photovoltaics, and nuclear power, indicating a diversified business model [2]

Core Viewpoint - The acquisition of Yangzhou Shuguang Optoelectronic Control Co., Ltd. by Xinhongye (301310.SZ) is strategically aimed at enhancing the company's product offerings in the military sector, leveraging synergies between cable products and servo motors and drivers [1] Group 1: Acquisition Details - Xinhongye's wholly-owned subsidiary, Jiangsu Huaguang Cable Electric Co., Ltd., possesses military-related qualifications [1] - The main products of Yangzhou Shuguang include servo motors and drivers, which require cables for power transmission, indicating a complementary relationship between the two companies [1] Group 2: Strategic Benefits - The acquisition allows the company to extend its product line into higher value chain products, particularly in the military sector [1] - This transaction is expected to enhance the company's core competitiveness in the cable sector while expanding into the servo motor and control system markets [1] - The focus on high-end applications, especially in military markets, is anticipated to further strengthen the company's profitability and sustainability [1]

消息面上，8月19日晚间，鑫宏业披露公告称，公司拟受让鼎控机电、曙光蓝风启分别持有的扬州曙光 48%和14%的股权，合计62%的股权，本次交易完成后，公司将持有扬州曙光62%股权，扬州曙光将成 为公司控股子公司。 公告显示，扬州曙光的100%股权意向性估值为5.1亿元，交易价格将根据鑫宏业聘请的资产评估机构出 具的《评估报告》所确定的评估价值、并经协议各方协商确定。经初步测算，本次交易不构成《上市公 司重大资产重组管理办法》规定的重大资产重组，具体情况尚待审计工作完成后方能确定。本次交易拟 采用现金方式，不涉及公司发行股份。 北京商报讯（记者 马换换 王蔓蕾）披露拟购扬州曙光光电自控有限责任公司（以下简称"扬州曙光"） 62%股权的消息后，鑫宏业（301310）8月20日股价收跌6.86%，收于43.01元/股。 交易行情显示，8月20日，鑫宏业股价小幅低开1.62%，开盘后公司股价震荡下行，盘中一度跌超9%。 午后开盘，公司股价保持低位震荡态势。截至当日收盘，公司股价收跌6.86%，收于43.01元/股，总市 值58.73亿元，当日成交金额3.81亿元。 从标的公司业绩表现来看，2022—2024年（经审计 ...

Group 1 - The company plans to acquire a total of 62% equity in Yangzhou Shuguang Optoelectronic Control Co., Ltd. for cash, which will grant the company control over the target company, making it a subsidiary [1] - The intended valuation for 100% equity of Yangzhou Shuguang is 510 million, with the final transaction price to be determined based on an appraisal report and negotiations [1] - The transaction is not expected to constitute a major asset restructuring as defined by regulations, pending completion of the audit [1] Group 2 - Yangzhou Shuguang's main products are servo motors and drivers, which are complementary to the company's existing cable products, indicating a strategic upstream-downstream relationship [2] - The acquisition is expected to enhance the company's product offerings by extending into higher value chain products, particularly in the military sector, thereby leveraging both companies' product and channel advantages [2] - Post-acquisition, the company aims to create a new profit growth point while maintaining its core competitiveness in the cable industry and expanding into the servo motor and control systems market [2]