Core Viewpoint - The company Chuangyuan Xinke plans to acquire 100% equity of Shanghai Weiyu Tiandao Technology Co., Ltd. for a total transaction price of 886 million yuan, marking the second significant asset merger and acquisition case on the Beijing Stock Exchange since the release of the "Merger and Acquisition Six Guidelines" [2] Group 1: Transaction Details - The acquisition will be financed through a combination of share issuance and cash payment, with the final transaction price based on an evaluation report from a qualified asset appraisal agency [2] - The payment structure includes 755.13 million yuan in shares and 131.17 million yuan in cash, with shares issued at a price of 18.88 yuan per share, representing 21.88% of the company's total share capital post-transaction [2] - The company plans to raise up to 140 million yuan in supporting funds to cover cash payments, intermediary fees, and related taxes [2] Group 2: Company Profiles - Chuangyuan Xinke, established in 2005, specializes in wireless communication testing and optimization, focusing on 5G/6G communication, vehicle networking, and satellite internet testing [3] - Weiyu Tiandao, founded in 2015, excels in satellite navigation simulation testing, holding 53 patents, including 46 invention patents, and demonstrates strong profitability and industry competitiveness [3] Group 3: Strategic Implications - Post-acquisition, Weiyu Tiandao will become a wholly-owned subsidiary of Chuangyuan Xinke, enabling the integration of communication and navigation testing systems to provide comprehensive testing solutions [4] - The transaction is expected to enhance the company's operational capabilities and core competitiveness, fostering high-quality development and injecting new vitality into the communication and navigation positioning industry [4] Group 4: Market Reaction - On December 11, Chuangyuan Xinke's stock price rose by 7.61%, with a cumulative increase of over 87% for the year [5]

Group 1 - The core point of the news is that Chuangyuan Xinke has announced a major asset restructuring plan, intending to acquire 100% equity of Shanghai Weiyu Tiandao Technology Co., Ltd. for an estimated total valuation of no more than 900 million yuan [1][2] - The transaction is part of the Beijing Stock Exchange's implementation of the "Six Merger Rules" and represents the second issuance of shares for asset acquisition, reflecting the active merger and restructuring market [1] - Chuangyuan Xinke, established in 2005, is recognized as a national-level "specialized and innovative" small giant enterprise, primarily serving the strategic direction of the national new generation broadband wireless communication network [1] Group 2 - The acquisition will enable Chuangyuan Xinke to integrate communication testing systems with navigation and positioning testing systems, providing comprehensive testing solutions covering "ground-low altitude-satellite" [2] - This integration is expected to enhance the company's operational capabilities and core competitiveness, supporting high-quality development [2] - The controlling shareholder and actual controller of Chuangyuan Xinke have committed to share reduction and lock-up period matters, ensuring compliance with relevant regulations to protect the interests of the company and all shareholders [2]