pennfierceiiispinningreel6000| Huakai Yibai surged more than 4%: it plans to acquire Tongtuo Technology Guotai Junan with 700 million yuan in cash to maintain its holdings

Date: 4个月前 (05-22)View: 61Comments: 0

News summary

Huakai Yibai acquires Tongtuo Technology in cashpennfierceiiispinningreel6000, the transaction consideration is 700 million yuan. Guotai Junan is optimistic that its advantages will complement each other, enhance competitiveness, and maintain its target price of 19pennfierceiiispinningreel6000.35 yuan, additional rating.

pennfierceiiispinningreel6000| Huakai Yibai surged more than 4%: it plans to acquire Tongtuo Technology Guotai Junan with 700 million yuan in cash to maintain its holdings

Newsletter text

[Huakai Yibai's share price soared more than 4%, hitting a new high of 14.50 yuan, and its market value exceeded the 59 billion yuan mark]. The company plans to use a pure cash transaction to acquire 100% equity of Tongtuo Technology held by DHgate Co., Ltd., at a transaction price of 700 million yuan negotiated by both parties. Guotai Junan made in-depth comments on this transaction and believed that this cash acquisition is expected to promote the complementary advantages of both parties, thereby strengthening Huakai Yibai's industry competitiveness. At the same time, Guotai Junan remains optimistic about the prospects of Huakai Yibai, maintains its target price at 19.35 yuan, and maintains an overweight rating on the company.

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