The restructuring plan of Nairui Radar has many "secrets": Low Stock Price issuance dilutes Shareholders' interests, the financial data of the acquisition symbol has drastically changed, and an additional financing of 0.5 billion is needed.
① Nayray Radar resumes trading today, the reorganization plan contains many mysteries; ② This includes selecting the "lowest tier" for issue pricing, the financial data of the acquired symbol Tianjin Sigma has changed drastically over the past two years, holding hundreds of millions in excess funds and having ample Cash / Money Market, yet still needing to raise funds to pay for the cash consideration, and behind the so-called industrial synergy effect is that there is currently no supply relationship between the two parties.
Star Evening Report | Crystal Integrated expects a net profit increase of 115%-179% in 2024, and Nairui Radar will resume trading from tomorrow.
① The Ministry of Foreign Affairs responded to Trump's order granting a 75-day grace period for the TikTok ban; ② The Ministry of Industry and Information Technology: pilot deployment of 10-gigabit optical networks by 2025; ③ Guangdong: supports Technology-based enterprises in effectively implementing mergers and acquisitions.
AI drives the growth in demand for optical devices, with Tengjing Technology expected to increase its net profit by up to 80% in 2024.
① Tengjing Technology expects a year-on-year growth of 51.24%-80.05% in Net income for the fiscal year 2024, and a year-on-year growth of 64.75%-97.7% in net income after deductibles; ② In recent years, the company's applications in the field of precision optical components have gradually increased. In addition to the optical communication field, there are also applications in Medical, Semiconductors equipment, AR glasses, and quantum information.
Cross-border mergers and acquisitions face obstacles? Nairui Radar delays resumption of trading, stating that "the acquisition is still in progress."
① A person from the Nanrui Radar Securities Department stated that the acquisition is still in progress, involving inside information about the company, which cannot be disclosed, and the specific situation is unclear; please pay attention to future announcements. ② Nanrui Radar's performance continues to slow down, while several of its Business initiatives are still in the startup phase, progressing rather slowly.
The Fourth Global Autonomous Driving Summit opened today, accelerating the implementation of high-level autonomous driving.
On January 14, the Fourth Global Autonomous Driving Summit will officially commence at the Beijing Centergate Technologies National Independent Innovation Demonstration Zone Exhibition Trade Center - Conference Center. Li Liang from Guoxin Securities stated that with the continuous release of several mandatory and recommended national standards in the Asia Vets connected vehicle sector, the commercialization of high-level autonomous driving will accelerate.
In the past, the IPO was overly "beautified"; now, Nairui Radar seeks to "touch up" through cross-border mergers and acquisitions.
① Naru Radar aims to create "synergies" through the acquisition of a semiconductor company, and the recent target has undergone equity changes; ② Less than two years after the IPO, multiple financial indicators of Naru Radar have deteriorated; ③ The dependency on business within Guangdong Province remains high, and the revenue sources are still not diversified, placing Naru Radar under pressure from high valuations and urgently needing a breakthrough.