Xiangyang BOYA Precision Industrial Equipments Co. Ltd

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Boya Precision Completes Industrial and Commercial Registration for 100% Acquisition of Haotian Boneng

Xiangyang Boya Precision Equipment Co., Ltd. announced on September 2, 2026, that its acquisition of a 100% equity stake in Hubei Haotian Boneng Electromechanical Technology Co., Ltd. has completed industrial and commercial registration changes. Haotian Boneng has become a wholly-owned subsidiary and has been included in the company's consolidated financial statements. The transaction amount was 16.5 million yuan, funded by the company's own capital. The transaction was approved at the third meeting of the company's sixth board of directors on July 21, 2026. Following the registration change, Haotian Boneng has a registered capital of 50 million yuan, with Li Wenxi as its legal representative. Its business scope covers research, development, and manufacturing of new energy vehicle component technologies, development and manufacturing of metal products and molds, and the electromechanical sector.

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为自有资金·17dRead more →

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Boya Precision's 2026 interim net profit was 33.4456 million yuan, down 24.53% year-on-year

Boya Precision released its 2026 interim report, with net profit attributable to the parent company of 33.4456 million yuan, a decrease of 24.53% compared with the same period last year. The company's total operating revenue was 251 million yuan, and net cash inflow from operating activities was 12.3609 million yuan. The latest asset-liability ratio was 27.45%, an increase of 3.82 percentage points from the same period last year; gross margin was 42.64%, a decrease of 2.08 percentage points from the same period last year; ROE was 3.16%, a decrease of 1.15 percentage points from the same period last year. Diluted earnings per share was 0.28 yuan, down 26.32% year-on-year.

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Jiemian·26dRead more →

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Boya Precision to Acquire 100% of Haotian Boneng for 16.5 Million Yuan in Related-Party Transaction

Boya Precision announced plans to acquire 100% equity in Hubei Haotian Boneng Electromechanical Technology for 16.5 million yuan using its own funds. After the deal, Haotian Boneng will become a wholly owned subsidiary. One of the counterparties, Li Wenxi, is the company’s controlling shareholder and holds a 50.36% stake in Haotian Boneng, while the other, Tan Zhibin, is the son of Li Wenxi’s sister, making this a related-party transaction. The acquisition will also passively create a 2 million yuan related-party loan dated September 3, 2024, with an annual interest rate of 4%, expected to be repaid within three months after closing. Haotian Boneng mainly engages in aluminum alloy die-casting technology R&D and product manufacturing and sales. It posted revenue of 4.453 million yuan and a net loss of 2.4773 million yuan in 2025, and a net loss of 613,500 yuan in the first four months of 2026, with net assets of 15.8424 million yuan as of end-April this year. Boya Precision said it will leverage the target’s strengths in lightweight material forming technology to enhance new product development and market expansion. Separately, the divorce lawsuit between the company’s actual controllers Li Wenxi and Cen Hong has been granted at first instance but does not yet involve share division. Both remain co-controllers, and there is uncertainty over control changes. Boya Precision’s stock has fallen 31.40% this year, giving it a market value of 1.973 billion yuan.

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读创财经·58dRead more →