According to Zhitong Finance App, Yunji Group (001288.SZ) announced that the company plans to pay 182 million yuan in cash to acquire 40.9993% of the shares of Shenzhen Ruibo Automation Equipment Co., Ltd. (hereinafter referred to as “Shenzhen Ruibo” or the “target company”). Prior to this transaction, the company had already obtained 10.0007% of its shares through a capital increase from Shenzhen Ruibo. After the acquisition is completed, the company will hold 51% of Shenzhen Ribo's shares, and Shenzhen Ruibo will become the company's holding subsidiary and included in the consolidated statement.
Shenzhen Ruibo is a high-tech enterprise focusing on R&D, production and sales of semiconductor packaging equipment. It specializes in semiconductor solid/eutectic chip equipment and power device welding equipment. This transaction is an industrial merger and acquisition around the company's core competencies. The target company's technical capabilities in precision control and machine vision can mutually empower the company's precision processing, system integration and global delivery systems. Its overseas R&D, sales and service systems also form regional collaboration with the company's overseas business layout, laying the foundation for the two parties to gradually form collaboration in precision machining, machine integration, overseas channels, and supply chain integration.
Through this acquisition, the company reduces the impact of cycle fluctuations in a single industry on the company's performance while maintaining the stability of its main business. After the transaction is completed, the target company will be included in the scope of the company's consolidated statements, which can optimize the company's business structure and revenue structure, increase the share of high-profit businesses, improve overall profit quality, increase shareholder returns, and help enhance the company's overall competitiveness.