According to the Zhitong Finance App, Rongqi Technology (301360.SZ) announced that the company plans to acquire 60% of the shares of Shanghai Deqishun Precision Machinery Equipment Co., Ltd. (“Deshun” for short) through cash payment, with a transaction consideration of 562 million yuan. After the transaction is completed, Deqishun will become a holding subsidiary of the company and will be included in the scope of the company's consolidated statements.
The transaction set a performance promise. The performance committing party promised that the target company's actual net profit for 2026, 2027, and 2028 (audited net profit attributable to the owner of the parent company, whichever is lower before or after deducting non-recurring profit and loss) shall not be less than 36 million yuan, 78 million yuan, and 120 million yuan, respectively, and the cumulative net profit realized will not be less than 234 million yuan.
The target company of this acquisition has good profitability and development prospects. After the transaction is completed, the target company will be included in the scope of the company's consolidated statements, which will increase the company's revenue and profit scale. Through this transaction, the company entered the semiconductor equipment precision parts circuit and entered the semiconductor equipment manufacturer supply chain, which helped expand the company's equipment business in the semiconductor field. In the future, the company will promote the optimal allocation and integration of various resources, achieve business collaboration between the two parties, and enhance the company's sustainable profitability and asset quality. At the same time, this transaction constitutes a merger of enterprises not under the same control. Goodwill will be formed after the transaction is completed. The company may have a risk of impairment of goodwill, which in turn may adversely affect current operating profits.