Zhangjiagang Elegant Home Tech Co Ltd603221
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武汉欧康诺电子科技股份有限公司Private± Mixed
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Zhangjiagang Elegant Home Tech Co LtdAilijia Home hit its upper limit for the seventh straight session on July 29, closing at 18.63 yuan per share and giving it a total market value of 4.5 billion yuan. The company has issued multiple risk warnings on its stock trading and disclosed on July 23 that it plans to acquire no less than 77.08 percent of Oukangnuo's equity using its own funds and self-raised cash. The overall valuation of Oukangnuo's entire equity does not exceed 650 million yuan. After the acquisition, Oukangnuo will become a controlled subsidiary of the company. Ailijia Home stated that Oukangnuo focuses on storage testing equipment and testing services, and its management believes the related industry has significant growth potential. This acquisition will help the company cultivate new profit growth drivers. In the first half of this year, Ailijia Home expects a net loss attributable to the parent company of between 34.5 million and 40.5 million yuan, compared with a profit of 28.1151 million yuan in the same period last year. The decline is mainly due to a tightening international trade environment and tariff policies that reduced business volume at domestic factories, as well as increased exchange losses caused by currency fluctuations.