Group 1 - The core point of the article is that Meike Home is planning a significant acquisition of Shenzhen Wandeng Technology Co., Ltd. to diversify its business amid ongoing financial losses [1] - Meike Home intends to acquire control of Wandeng through a combination of issuing shares and cash payments, with the transaction still in the planning stage [1] - The acquisition is expected to involve raising additional funds, and a preliminary agreement has been signed with the intended transaction party, Shenzhen Wandeng Yasheng Technology Partnership [1] Group 2 - Wandeng Technology was established in May 2018 and specializes in the research, production, and sales of high-speed interconnect cables and modules for AI computing clusters and data centers [1] - As of the latest data, Shenzhen Wandeng Yasheng Technology Partnership and Luxiao Technology are the largest and second-largest shareholders of Wandeng, holding 83.33% and 16.67% of shares, respectively [2] - Luxiao Technology previously invested 60 million yuan in Wandeng, valuing the company at 360 million yuan at that time, with performance commitments for net profits in 2025, 2026, and 2027 set at 30 million, 40 million, and 50 million yuan, respectively [3] Group 3 - Meike Home has faced significant financial pressure, reporting consecutive annual net losses from 2022 to 2024, with losses of approximately 289 million, 463 million, and 864 million yuan [4] - In the first three quarters of this year, Meike Home continued to report a net loss of about 220 million yuan, although this represented a reduction in losses compared to previous periods [5] - Despite the ongoing losses, Meike Home's stock price experienced a notable increase of 47.12% from October 31 to December 15, reaching a peak of 3.21 yuan per share, although it subsequently declined [5]

Core Viewpoint - Meike Home (600337) is planning to acquire control of Shenzhen Wandeli Technology Co., Ltd. through a combination of share issuance and cash payment, while also raising supporting funds [1] Group 1: Acquisition Details - The acquisition is currently in the planning stage, with Meike Home having signed a Letter of Intent for Equity Acquisition with the intended transaction party [1] - The preliminary identified transaction party is Shenzhen Wandeli Yasheng Technology Enterprise (Limited Partnership), but the final transaction party will be confirmed in the restructuring plan or report [1] Group 2: Company Background - Wandeli Technology was established in May 2018 and is headquartered in Shenzhen, focusing on the research, production, and sales of a full range of high-speed interconnect cables and modules for AI computing clusters and data centers [1] Group 3: Market Reaction - On December 17, Meike Home's stock fell by 4.26%, closing at 2.92 yuan per share, with a total market capitalization of 4.196 billion yuan [1]