On December 6, Gelonghui reported that lingyi itech (002600.SZ) announced the issuance of convertible corporate bonds and the payment of cash to purchase assets and raise supporting funds. Guangdong lingyi itech Co., Ltd. intends to purchase a total of 66.46% equity of Jiangsu Keda held by eight trading parties, including Changzhou Yourong, Shanghai Maihuan, Zhejiang Wanliyang Management, Wuhu Huaan, Changzhou Qingfeng, Changzhou Xingyuan, Changzhou Chaoling, and Jiangsu Xinsure, through the issuance of convertible corporate bonds and cash payment, and plans to issue shares to no more than 35 specific objects to raise supporting funds.
The target company of this transaction is a professional manufacturer of auto parts, including automotive dashboards, sub-dashboards, door trims, and pillars. It has qualifications as a first-tier supplier for several complete vehicle manufacturers and has accumulated rich supporting experience through long-term service to complete vehicle manufacturers. Upon the completion of this transaction, the listed company will quickly enter the auto parts industry with broad market prospects, gaining capabilities in the design, manufacturing, and sales of interior and exterior automotive parts and molds, deepening its layout in the automotive industry, enriching and perfecting its product matrix in the automotive sector, sharing the customer resources of Jiangsu Keda, broadening new customer channels and application fields, and providing a foundation to align with the trends of electric and smart vehicle development and explore the expanded application of AI terminal hardware.
