Core Viewpoint - Meili Technology (300611) plans to expand its international market presence through a significant asset restructuring, with a substantial increase in expected performance for 2025. The company is also optimizing its governance structure [1]. Recent Events - On February 6, 2026, Meili Technology announced its plan to acquire 100% of Hitched Holdings 3B.V. through its German subsidiary for a base price of approximately €63.69 million. The target company, ACPS Group, is a leading global manufacturer of automotive trailer towing systems. This transaction constitutes a major asset restructuring aimed at enhancing the company's international market influence. The company has disclosed a special explanation in response to the Shenzhen Stock Exchange's inquiry letter, addressing the target company's financial fluctuations and integration details [2]. Company Structure and Governance - On February 9, 2026, Meili Technology held its sixth third board meeting to review proposals related to the revision of documents, which may involve optimizing the company's governance structure [3]. Performance and Operating Conditions - On January 30, 2026, the company released its performance forecast for 2025, expecting a net profit attributable to shareholders of between ¥140 million and ¥170 million, representing a year-on-year growth of 31.22% to 59.34%. This growth is primarily driven by revenue increase and improved gross margins [4]. Capital Movements - On February 5, 2026, there was a net outflow of main funds amounting to ¥1.1538 million, with short-term stock price fluctuations influenced by merger news and market sentiment. From January 26 to 30, 2026, the cumulative net outflow of main funds was ¥40.9856 million, and the stock price fell by 6.30%, reflecting the volatility characteristics driven by events [5].