Yachuang Electronics to acquire 70% stake in Yongjia Industrial for US$47.6 million

公告截图·24 Sep 2026·

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M&A · Partnership Corporate Action Electronic Equipment, Instruments & Components

301099.CS ▲

Summary · why it matters

Yachuang Electronics disclosed after market close on September 24 that its wholly owned subsidiary Hong Kong Taixin plans to acquire a 70% stake in Yongjia Industrial for a total of US$47.6 million in cash. Upon completion of the transaction, Yongjia Industrial will be consolidated into Yachuang Electronics' financial statements. Yongjia Industrial was founded in 2005 and is mainly engaged in the agency distribution of electronic components, with core agency brands including Ingenic Semiconductor, Sitronix, Techpoint, Motorcomm, Fudan Microelectronics, Dioo Microcircuits, and Biwin Storage. In 2025, the target company achieved operating revenue of US$155 million and net profit of US$6.0775 million; from January to March 2026, it achieved operating revenue of US$48.3922 million and net profit of US$4.041 million. This transaction is based on the income approach valuation. The simulated consolidated equity value of all shareholders of Yongjia Industrial was assessed at US$70 million, with an appreciation rate of 202.32%. The 70% stake corresponds to an assessed value of US$49 million, and the transaction price was determined through negotiation at US$47.6 million. The counterparty Long Qiyu has committed that Yongjia Industrial's audited actual net profit for each of 2026, 2027, and 2028 will be no less than US$8.5 million, with a cumulative total of no less than US$25.5 million. If the commitment is not met, cash compensation must be provided.

Shanghai Yct Electronics Group Co.Ltd ▲

Impact on assets 7

Semiconductors▲ · 1 stocks

Sitronix Technology Corp

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Others▲ · 6 stocks

Shanghai Yct Electronics Group Co.Ltd

301099

▲ PositiveCapitalrelevance

Yachuang Electronics' subsidiary is acquiring a 70% stake in Yongjia Industrial for US$47.6 million, consolidating the profitable target into its financials.