“Science and Technology Innovation Board Daily”, October 26 (Reporter Wu Xuguang) Geling's plan to acquire control of Guoke Yidao has made recent progress.

On the evening of November 25, Geling Shenzhen Hitomi announced that it intends to obtain part of the shares of Shenzhen Guoke Yidao Technology Co., Ltd. (hereinafter referred to as “Guoke Yidao” or “target company”) through capital increases and share acquisitions. Among them, it plans to increase the capital of the target company with 50 million yuan, transfer shares in the target company held by some shareholders of Guoke Yidao for 10.328,352 million yuan, and sign a “Concerted Action Agreement” with some shareholders of the target company.

Ge Ling said that after the transaction is completed, the company will directly hold 23.4194% of the shares in the target company, become its largest shareholder, obtain 54.6792% of the voting rights of the target company through concerted action, become the controlling shareholder of the target company, and the target company will become the company's controlling subsidiary.

This means that if this acquisition is successful, excluding the original computer vision business, Geling Deep Hitomi will use this to enter a new racetrack.

The “Science and Technology Innovation Board Daily” reporter noticed that Guoke Yidao was founded in 2017 and mainly provides terminal computing equipment with domestic chips as the core for the military industry. The product forms include motherboards based on localized chips, as well as rugged and localized tablets, laptops, etc.

According to public information, Guoke Yidao has relevant qualifications in the military industry, and its products have been successfully used in the military industry as supporting products for certain models. In June of this year, Guoke Yidao completed the B+ round of financing. The investor was Kongtianyuan.

Judging from the announced data, in the past year, Guoke Yidao's performance was in a state of loss during the disclosure period.

From 2023 to September 2024, Guoke Yidao achieved total operating income of 41.9189 million yuan and 574.481 million yuan, respectively; realized net profit of -1.6409 million yuan and -63.48 million yuan, respectively.

According to the asset evaluation report disclosed by Geling Deep Hitomi, the evaluation agency used the earnings method to evaluate Guoke Yidao's assets. According to the assessment, the assessed value of all shareholders' equity using the income method was 163 million yuan, and the assessed value added was 132.3602 million yuan, with a value-added rate of 431.99%.

Ge Ling Shen Hitomi said that Guoke Yidao mainly provides products such as reinforced computers and motherboards for the military industry. The target company has strong technical and resource advantages, and has provided a large number of professional and highly reliable product solutions to industry customers. Currently, Guoke Yidao's customer resources and business model are stabilizing, and future profitability is strong. The profit law evaluation findings can reflect the profitability of the enterprise.

An investor in the Xinchuang industry told the “Science and Technology Innovation Board Daily” reporter that with this acquisition, Geling Shenmite places more importance on the target company's customer resources in the military industry, which can complement channel resources and technology with Geling Shenmite's existing computer vision technology, etc., and help Geling Shenmin expand new product business fields.

On the evening of November 25 of this year, Gering Deep Hitomi issued an announcement stating that Zhao Yong, the company's chairman and general manager, applied to resign as general manager due to business development needs, but he is still holding positions such as the company's chairman. At the same time, it appointed Wu Yizhou as the company's general manager and Zhang Qiang as the company's deputy general manager.

It is worth mentioning that as the legal representative of Guoke Yidao, Zhang Qiang has been the chairman and general manager of Guoke Yidao since 2017; since March 2024, he has held positions such as chairman and general manager of Xiamen Ruisan Information Technology Co., Ltd.

Economist Song Qinghui said that this move usually means that the general manager of the target company is receiving attention within the parent company. It is also a sign that they can participate more deeply in the decisions and management of the parent company, and may also bring more business opportunities and partners, which will have a positive impact on the overall development of the company.

Gering Deep Hitomi said that after the transaction is completed, the target company will be incorporated into the unified management of the company. In order to ensure the stable operation of the target company, the original senior management and core technical personnel of the target company will remain stable.