On August 18, EFORT (688165) unveiled its intention to fully acquire (i.e., purchase 100% of the equity stake in) Shanghai Shengpu Fluid Equipment Co., Ltd., at a price tag of approximately 1.074 billion yuan, marking a significant asset restructuring initiative. The acquisition is strategically aimed at addressing the existing deficiencies in the adhesive bonding processes of industrial robots and broadening their range of applications.
The transaction is structured in two parts: EFORT will issue shares and make cash payments to 10 counterparties, including Zhiqian Industrial, to acquire 95.97% of the shares for 1.033 billion yuan. The remaining 4.03% of the shares will be purchased in cash, amounting to approximately 41.2035 million yuan. This deal employs a differentiated pricing strategy, with a performance commitment period spanning three consecutive fiscal years post-transaction. Shengpu has pledged to achieve net profits of no less than 80 million yuan, 90 million yuan, and 100 million yuan, respectively, over these years.
