Core Viewpoint - Tianyouwei plans to acquire 100% of Krämer Automotive Systems GmbH for €1 million, aiming to enhance its presence in the European high-end passenger car market despite Krämer's financial difficulties [1][4]. Group 1: Acquisition Details - The acquisition is intended to leverage Krämer's customer resources and channels to support Tianyouwei's international expansion strategy [4][7]. - Krämer, established in 1974, has previously worked with high-end automotive brands such as Porsche and Mercedes-Benz but has recently faced financial challenges, including filing for bankruptcy due to a lack of significant orders [4][5]. Group 2: Financial Assessment - Krämer's total assets are projected to be ¥12.04 million with a net asset value of -¥4.69 million by December 31, 2024, and -¥6.53 million by June 30, 2025 [5]. - The valuation assessment indicates a shareholder equity value of ¥8.57 million, representing a 231.16% increase compared to its negative net asset value [6]. Group 3: Business Strategy and Performance - Tianyouwei's overseas sales gross margin exceeds 40%, while domestic sales gross margin is just over 20% [8]. - The company aims to strengthen its global market share and is expanding its international operations, including establishing subsidiaries and production bases in Mexico and South Korea [8]. - Tianyouwei's main clients include major automotive groups like Hyundai and BYD, with a significant portion of revenue coming from these partnerships [7].

超两倍溢价收购背后，天有为瞄上欧洲高端车市：100万欧元买下资不抵债的德国克莱默 标的资不抵债 12月9日晚间，天有为公告称，拟使用100万欧元自有资金购买MS-ONE Holding AG持有的Krämer Automotive Systems GmbH(以下简称"克莱默")100%的股权。天有为表示，本次收购事项符合公司国际 化发展的战略，有利于公司更好开拓欧洲市场客户，特别是高端乘用车客户，有助于提升公司盈利能力 与可持续发展能力，增强公司的市场竞争力与行业地位。 克莱默总部位于德国，是成立于1974年的老牌汽车电子系统制造商。公司早期主要专注于汽车电子和信 息娱乐系统的研发与生产，为欧洲多家车企提供定制化的车载电子解决方案。克莱默曾经与保时捷 (Porsche)、路虎(Land Rover)、捷豹(Jaguar)等高端汽车品牌建立了联系。奔驰也是克莱默的客户之一。 不过根据德国媒体今年8月报道，由于未收到重大订单，克莱默财务出现困难，向当地法院提出了破产 申请。根据媒体报道内容，该公司18名员工的薪资由三个月的破产补助覆盖。 记者｜胥帅 12月9日晚间，4月刚登陆A股的天有为(SH603202，股价9 ...