市场竞争激烈、业绩明显承压，景业智能（688290.SH）执着推进对大股东旗下资产的并购，寻求突 破。 长江商报消息●长江商报记者 徐佳 1月26日晚间，景业智能发布修订后的资产收购计划。公司拟以现金1亿元收购控股股东杭州行之远控股 有限公司（以下简称"行之远"）持有的合肥市盛文信息技术有限公司（以下简称"合肥盛文"）51%股 权，交易完成之后，景业智能将持有合肥盛文51%股权。 长江商报记者注意到，2025年9月末，景业智能就曾计划收购合肥盛文控股权。彼时，由于行之远收购 合肥盛文仅一年，且合肥盛文估值溢价率较高，上交所火速对景业智能发出监管工作函，引发市场热 议。 而在修订后的方案中，景业智能降价800万元继续推进对合肥盛文51%股权的收购，与行之远的收购成 本保持一致，且交易各方将业绩承诺延期至2028年，即2026年至2028年合肥盛文的净利润将累计不低于 6100万元。 即便如此，本次交易中，合肥盛文整体估值溢价率依旧高达464.97%，未来的业务整合风险不容忽视。 执着收购大股东资产的背后，是景业智能业绩承压。业绩预告显示，景业智能预计2025年的归母净利润 为-2750万元左右，为公司自2022 ...

Core Viewpoint - The company Jingye Intelligent (688290.SH) plans to acquire 51% equity of Hefei Shengwen to enhance resource and industry integration, optimize product layout, and improve market competitiveness [1] Group 1: Acquisition Details - The acquisition will be financed through the company's own funds via cash payment [1] - The assessed value of 100% equity of Hefei Shengwen is RMB 215 million, with an appraisal appreciation rate of 464.97% as of the evaluation benchmark date of August 31, 2025 [1] - The agreed transaction price for the 51% equity is RMB 108 million [1] Group 2: Hefei Shengwen's Business Focus - Hefei Shengwen specializes in the research, production, and sales of engineering information technology and intelligent products [1] - Core products include domestically controllable intelligent platforms, intelligent perimeter security systems, satellite inversion systems, electromagnetic field simulation assessment systems, and closed-space security equipment [1] - The company possesses strong technological independence and system integration capabilities [1] Group 3: Strategic Intent - The acquisition aims to accelerate the company's strategic layout and business expansion in the military industry [1] - Both parties will deepen the integration of special robots and intelligent information systems, creating multiple synergies in customers, markets, technology, products, and operations [1] - This move is expected to enhance the company's comprehensive competitiveness in the military sector and drive performance growth [1]