SDIC Zhonglu's major asset restructuring will be reviewed by the Shanghai Stock Exchange's M&A and Restructuring Review Committee on August 7. The company plans to purchase 100% of the shares of China Electronics Engineering Design Institute Co., Ltd. from SDIC Group and other transaction counterparties through a share issuance, with a transaction consideration of 6.026 billion yuan, and to raise supporting funds. The Electronics Institute focuses on the electronic information industry, with a net profit attributable to the parent company of approximately 113 million yuan in 2024. This transaction includes performance commitments, with after-tax net profits from 2026 to 2028 not less than 312 million yuan, 348 million yuan, and 375 million yuan, respectively. The transaction constitutes a major asset restructuring and a related-party transaction. Upon completion, SDIC Zhonglu will add electronic information industry-related services to its core business of concentrated fruit and vegetable juices, promoting strategic transformation.
SDIC Zhonglu Fruit Juice Co LtdMajor asset restructuring to acquire Electronics Institute for 6.026 billion yuan, adding new business and performance commitments.
Being acquired by SDIC Zhonglu in a major asset restructuring, with performance commitments ensuring future profits.