Core Viewpoint - NIU Holdings has entered into an agreement to acquire 60% of Smart Building Management System Limited for HKD 7.5 million, which will enhance its presence in the high-growth smart building and automation market [1][2] Group 1: Acquisition Details - The buyer, Kelca Limited, a wholly-owned subsidiary of NIU Holdings, will acquire 60% equity in the target company, making it an indirect non-wholly owned subsidiary of NIU Holdings [1] - The acquisition price is set at HKD 7.5 million, and the financial performance of the target company will be consolidated into NIU Holdings' financial statements post-acquisition [1] Group 2: Strategic Rationale - The acquisition allows NIU Holdings to strategically leverage information technology to expand into the smart building and automation market, aligning with global trends in sustainability, energy efficiency, and digital transformation [2] - The target company offers a diverse product portfolio in building management, data center cabinet management, hotel room management, and home automation, which complements NIU Holdings' existing engineering and IT service capabilities [2] - This expansion is expected to diversify NIU Holdings' revenue streams and strengthen its IT department, while the target company's core competencies will create significant synergies with NIU Holdings' operations, enhancing operational efficiency and competitive advantage [2]

Core Viewpoint - The acquisition of Smart Building Management System Limited by NIU Holdings aims to strategically expand into the high-growth smart building and automation market, aligning with global trends in sustainability, energy efficiency, and digital transformation [1][2] Group 1: Acquisition Details - NIU Holdings announced the signing of a sale and purchase agreement to acquire 60% equity in Smart Building Management System Limited for HKD 7.5 million [1] - Upon completion, Smart Building Management System Limited will become an indirect non-wholly owned subsidiary of NIU Holdings, with its financial performance integrated into the group's financial statements [1] Group 2: Target Company Overview - Smart Building Management System Limited, established in Hong Kong, specializes in information technology services, providing advanced and reliable building automation solutions [1] - The core business of the target company includes four main areas: Building Management Systems (BMS), Energy Management Systems (EMS), hotel room management, and home automation systems [1] Group 3: Strategic Benefits - The acquisition allows NIU Holdings to leverage information technology to connect its main business areas and diversify revenue sources [2] - The target company offers a mature and diverse product portfolio that complements the existing engineering and IT service capabilities of NIU Holdings [2] - The core competencies of the target company create significant synergies with the group's operations, enhancing operational efficiency and competitive advantage [2]