Core Viewpoint - Aerospace Electric plans to acquire 32% equity in Shenzhen Aerospace Electric Motor System Co., Ltd. for a base price of 46.59 million yuan, aiming to increase its ownership from 68% to 100% and make it a wholly-owned subsidiary [1] Group 1: Acquisition Details - The acquisition will be conducted through a public listing, with the goal of accelerating the company's civil motor industry layout and integrating motor business [1] - Aerospace Electric currently holds 68% of Aerospace Electric Motor System, which was established in April 2015 with a registered capital of 50 million yuan [1] - The financial performance of Aerospace Electric Motor System includes revenue of 36.16 million yuan and net profit of 2.30 million yuan for the first half of 2025, and revenue of 72.79 million yuan with a net profit of 6.94 million yuan for 2024 [1] Group 2: Company Performance - Aerospace Electric's main business includes high-end connectors, micro motors, relays, and optoelectronic devices, along with providing integrated solutions [2] - In the first three quarters of the year, the company achieved revenue of 4.349 billion yuan and a net profit of 131 million yuan [2] - In the third quarter, the company reported revenue of 1.414 billion yuan, a year-on-year increase of 31.73%, and a net profit of 58 million yuan, a year-on-year increase of 190.86% [2]