Zhongyan Dadi (003001.SZ) plans to acquire 60% of Xinhuanyu's shares to expand its business in the field of PCB drills and cutters

Zhitong Finance App News, Zhongyan Dadi (003001.SZ) announced that the company plans to acquire 60% of the shares of Shenzhen Xinhuanyu Precision Technology Co., Ltd. (“Xinhuanyu” or the “target company” for short) through a combination of cash acquisitions and capital increases. The target company promised that the total net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss from 2026 to 2028 will not be less than 100 million yuan from the consolidated caliber of the audited target company. After the transaction is completed, the target company will become a holding subsidiary of the company.

The target company is a specialized and new domestic enterprise focusing on PCB precision drills and cutters. The core products cover PCB and FPC drills, coated drills, diamond tools and cutters. As of the date of disclosure of the announcement, it has accumulated more than 30 patents. Currently, the target company has built a production capacity of 80 million PCB drills per year. The target company's existing PCB drills can be shipped in batches with a minimum diameter of 0.03 mm and a length-to-diameter ratio of 50 times, which can provide customers with comprehensive coating process solutions. If the transaction is successfully implemented, the company's business will expand into the field of PCB drills and cutters, which will have a positive impact on the company's future industrial expansion and business performance.