Group 1 - The company announced the conditional agreement to acquire 100% of the shares of Ming Yi Group Limited for a total consideration of €650,000 (approximately HKD 5.87 million) [1] - The acquisition is part of the company's strategic growth objectives, aimed at exploring local and overseas business opportunities [2] - The board believes that the acquisition will enhance the company's business by diversifying its existing portfolio and expanding revenue sources [2] Group 2 - The acquisition is expected to provide significant strategic and operational benefits, improving supply chain stability and revenue diversification [2] - The vertical integration with the target group as an upstream supplier is anticipated to create synergies for the company's operations [2] - The company will gain full control over the production process, which is expected to lower production costs and enhance competitive advantages [2] Group 3 - The exclusive distribution rights for certain products, including disc knives, will significantly expand the company's market coverage [2] - The acquisition presents a good opportunity as the consideration is at a discount to the target group's assessed value and audited net asset value [2]

Group 1 - The company announced a conditional agreement to acquire 100% of Ming Yi Group Limited for a total consideration of €650,000 [1] - The acquisition is part of the company's strategic growth objectives, aimed at diversifying its business portfolio and expanding revenue sources [1] - The board believes that the acquisition will provide significant strategic and operational benefits, enhancing supply chain stability and revenue diversification [1] Group 2 - The target group, as an upstream supplier, will create synergies through vertical integration, allowing the company to leverage the target's production capacity and brand recognition [2] - The acquisition will grant the company complete control over the production process, reducing production costs and enhancing competitive advantages [2] - The exclusive distribution rights for certain products, including disc-shaped rolling knife products, will significantly expand the company's market coverage, facilitating growth opportunities in mainland China and Singapore [2] - The board views the acquisition as a favorable opportunity due to the consideration being at a discount to the target group's assessed value and audited net asset value [2]

Group 1 - The company Ming Liang Holdings Limited positions itself as a comprehensive engineering solutions provider, specializing in construction equipment cutting tools and components, particularly focusing on disc-shaped milling cutters [2] - Disc-shaped milling cutters are widely used in tunnel boring machines and small tunnel boring equipment, suitable for excavating tunnels through various geological layers [2] - The company's business is divided into two main segments: tunneling and foundation [2] Group 2 - As of December 31, 2024, the company reported total revenue of 62.7031 million yuan, a year-on-year decrease of 55.96%, and a net profit attributable to shareholders of -11.8774 million yuan, a year-on-year decrease of 286.21% [1] - The company's gross profit margin stands at 34.66%, with a debt-to-asset ratio of 40.54% [1] - The company's price-to-earnings ratio is -2.67, ranking 170th in the industrial engineering sector, where the average P/E ratio is 17.28 [1]