Group 1 - JD Group aims to establish a leading omnichannel consumer electronics platform in Europe by making a voluntary public offer to acquire CECONOMY AG at €4.60 per share, valuing the company at approximately €2.2 billion (around ¥18.1 billion) [2] - The acquisition, if completed, would set a new record for Chinese e-commerce companies entering the European market [2] - CECONOMY's CEO, Kai-Ulrich Deissner, expressed that JD's retail, logistics, and technology capabilities could accelerate CECONOMY's growth trajectory beyond current strategic goals [5] Group 2 - JD has secured support from over half of CECONOMY's shareholders for the acquisition, including agreements with major shareholders like Convergenta Invest GmbH [5][6] - Convergenta has committed to accept the offer for its 3.81% stake, reducing its ownership from 29.16% to 25.35%, while other shareholders have also agreed to accept the offer for a total of 31.7% of CECONOMY's shares [6] - This ensures JD has the backing of a total of 57.1% of shares before the public offer [6] Group 3 - CECONOMY reported a 1.6% decline in sales to €5.2 billion for Q1 2025, but its online business grew by 7.4% to nearly €1.3 billion, accounting for a quarter of total sales, indicating strong growth potential [7] - Under the strategic investment agreement, CECONOMY will maintain independent operations in Europe while accelerating its transformation into a leading omnichannel consumer electronics platform [8] - JD's CEO, Xu Ran, emphasized the commitment to support CECONOMY's talent development and unique corporate culture while leveraging JD's advanced technology to enhance CECONOMY's transformation process [8]