智通财经获悉，瑞声科技(02018)涨超3%，截至发稿，涨2.72%，报41.25港元，成交额8397.01万港元。 消息面上，近日，瑞声科技发布公告，有关建议收购Acoustics Solutions International B.V.的公布。建议 交易事项的第二批次完成已于2025年7月31日按照买卖协议的条款进行。第二批次购买价按股东协议厘 定，而第二批次股份的总购买价为1.286亿美元连同利息。在第二批次完成后，目标公司成为本公司的 间接全资附属公司。 据信报财经报道，得益于去年2月收购Premium Sound Solutions公司(PSS)，瑞声科技车载声学业务发展 神速，收入达35.2亿元，毛利率为24.8%。PSS的车载扬声器早已占据欧美一线车厂市场，被瑞声科技收 购后，已成功向理想、小米、吉利、小鹏等国内新能源车企供货。车载NLC Pro算法(一种音频处理算 法)也已首次定点全球头部豪车品牌。 公开资料显示，PSS公司总部位于比利时，是拥有50年历史的欧洲老牌汽车声学公司，有着多元化的全 球制造布局，客户涵盖了主流的汽车品牌，包括奥迪、宝马、奔驰、路虎、别克等，全球市场份额达到 了15% ...

据信报财经报道，得益于去年2月收购Premium Sound Solutions公司(PSS)，瑞声科技车载声学业务发展 神速，收入达35.2亿元，毛利率为24.8%。PSS的车载扬声器早已占据欧美一线车厂市场，被瑞声科技收 购后，已成功向理想、小米、吉利、小鹏等国内新能源车企供货。车载NLC Pro算法(一种音频处理算 法)也已首次定点全球头部豪车品牌。 公开资料显示，PSS公司总部位于比利时，是拥有50年历史的欧洲老牌汽车声学公司，有着多元化的全 球制造布局，客户涵盖了主流的汽车品牌，包括奥迪、宝马、奔驰、路虎、别克等，全球市场份额达到 了15%-20%，中高端市场的份额占比更多。 智通财经APP获悉，瑞声科技(02018)涨超3%，截至发稿，涨2.72%，报41.25港元，成交额8397.01万港 元。 消息面上，近日，瑞声科技发布公告，有关建议收购Acoustics Solutions International B.V.的公布。建议 交易事项的第二批次完成已于2025年7月31日按照买卖协议的条款进行。第二批次购买价按股东协议厘 定，而第二批次股份的总购买价为1.286亿美元连同利息。在第二批次完成 ...

Core Viewpoint - AAC Technologies has completed the acquisition of the second batch of shares in Premium Sound Solutions (PSS), making PSS an indirect wholly-owned subsidiary of AAC Technologies [1] Group 1: Acquisition and Market Impact - AAC Technologies acquired 80% of PSS in February last year, leading to a steady increase in its global automotive market share and the establishment of a vertically integrated solution encompassing speakers, amplifiers, algorithms, and tuning services [3] - The automotive acoustics business of AAC Technologies has seen rapid growth, with revenue reaching 3.52 billion yuan and a gross margin of 24.8% [3] - PSS's automotive speakers have captured significant market share among top-tier automotive manufacturers in Europe and the US, and after the acquisition, AAC Technologies has successfully supplied to domestic new energy vehicle companies such as Li Auto, Xiaomi, Geely, and XPeng [3] Group 2: Ratings and Market Position - Moody's has upgraded the rating outlook for AAC Technologies from "stable" to "positive," citing the ongoing synergy effects from the acquisition of PSS and improvements in the company's diversified business structure [3] - CLSA's latest research report indicates that AAC Technologies is the sole supplier of the Xiaomi SU7 smart cockpit speakers, and the Xiaomi YU7 series smart cockpit speakers are co-developed with AAC Technologies, with all units supplied by AAC Technologies [3] Group 3: PSS Company Profile - PSS, headquartered in Belgium, is a well-established European automotive acoustics company with 50 years of history and a diversified global manufacturing layout [4] - PSS serves mainstream automotive brands, including Audi, BMW, Mercedes-Benz, Land Rover, and Buick, with a global market share of 15%-20%, and a higher proportion in the mid-to-high-end market [4]

Group 1 - CLSA's top stock picks include AAC Technologies (瑞声科技), Xiaomi, and SMIC [1] - The upcoming iPhone 17 Pro series is expected to feature a vapor chamber for enhanced thermal performance, with AAC Technologies supplying the thermal module [1] - AAC Technologies' optical business is projected to grow, contributing to a forecasted revenue of RMB 27.33 billion for 2024, a 33.8% year-on-year increase [1] Group 2 - AAC Technologies completed the acquisition of 80% of high-end audio system supplier "PSS" last February, leading to a revenue of RMB 3.52 billion from automotive and consumer acoustics products in 2024 [2] - The thermal business of AAC Technologies is expected to generate RMB 326 million in revenue for 2024, reflecting a 40.1% year-on-year growth [2] - AAC Technologies has become a major supplier of thermal modules for flagship smartphones in China, holding over 50% market share [2]