Yantai North Andre Juice Co., Ltd. Announces Potential Acquisition of Control in Ningbo Yongqiang Technology Co., Ltd.
Key Highlights
- Equity Transfer Framework Agreement Signed: Yantai North Andre Juice Co., Ltd. (“Andre Juice”) has entered into an Equity Transfer Framework Agreement with Ningbo Yongqiang Technology Co., Ltd. (“Yongqiang Technology”) and its key shareholders, including Jiangqi He, Qiang Yuan, and Ningbo Yuanluzai Technology Partnership (Limited Partnership).
- Potential Acquisition of Control: Andre Juice intends to acquire control over Yongqiang Technology, though the specific percentage and amount of equity to be acquired is yet to be finalized. The final terms are subject to further negotiations and a formal acquisition agreement.
- Indicative Transaction Value: The estimated transaction consideration for the potential acquisition is between RMB600 million and RMB800 million, making this a significant transaction for Andre Juice.
- Acquisition Deposit: Andre Juice is required to pay a deposit of RMB45 million to a jointly managed bank account within two days of signing the framework agreement. The handling of this deposit is tightly governed, and its return or forfeiture depends on the circumstances of the deal’s progression or termination.
- Due Diligence and Valuation: The final transaction price will depend on a formal asset valuation conducted by an external agency appointed by Andre Juice.
- Transaction Structure and Timeline: Should the parties fail to sign a formal Acquisition Agreement within four months, or if material breaches occur, the framework agreement may be terminated.
- Hong Kong Listing Rules: The transaction is currently not a discloseable transaction, but if the acquisition proceeds, it is expected to become a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules, requiring further announcements and compliance.
- Funding Plan: Andre Juice plans to fund the acquisition using its own resources or self-raised funds.
- Uncertainties: The acquisition is subject to significant uncertainties, including waiver of pre-emptive rights and other special shareholder rights at Yongqiang Technology. The acquisition may or may not proceed.
Details for Shareholders and Investors
This announcement represents a potentially major strategic move for Andre Juice, as it seeks to expand into the high-tech sector via Yongqiang Technology, a company engaged in R&D of specialized electronic materials, integrated circuit design and related technical services. The transaction value, potentially reaching up to RMB800 million, could have a meaningful financial impact on Andre Juice, depending on the final consideration and percentage acquired.
Price-Sensitive and Potentially Market-Moving Information
- The scale of the potential acquisition (RMB600–800 million) is highly significant relative to Andre Juice’s typical investments and could impact both the balance sheet and strategic direction.
- Investors should be aware that the transaction is not yet finalized. The parties have only signed a framework agreement, and key terms such as the final purchase price, percentage of equity, and payment methods are still under negotiation and subject to waiver of special rights by existing shareholders of Yongqiang Technology.
- The deposit arrangement includes strict conditions for its return or forfeiture, which could impact Andre Juice’s cash flow in the short term if the acquisition does not proceed as planned.
- Should the acquisition be completed, it will be classed as a discloseable transaction under the Hong Kong Listing Rules, which may influence market perception and share price upon formal announcement.
- The success of the acquisition will depend on the outcome of due diligence, the asset valuation, and agreement among all parties involved.
- The company has cautioned shareholders and potential investors that the acquisition may or may not proceed, and to exercise caution in their trading of Andre Juice shares.
About Ningbo Yongqiang Technology Co., Ltd.
Yongqiang Technology was established in December 2019 and focuses on specialized electronic materials, integrated circuit design, and related technical services, with additional activities in software, hardware, and technology promotion. The controlling shareholders are Jiangqi He and Qiang Yuan, who together control 42.96% of the company, including indirect holdings via Ningbo Yuanluzai Technology Partnership.
Next Steps and Additional Information
- Andre Juice will make further announcements if and when a formal Acquisition Agreement is signed or if there are any material developments in the negotiation process.
- Shareholders should note the uncertainties and that the outcome of the negotiations could have a material effect on the company’s strategy and financial position.
Board of Directors
The announcement was approved by the Board of Andre Juice, chaired by Mr. Wang An, with executive, non-executive, and independent non-executive directors listed in the official release.
Conclusion
This potential acquisition represents a strategic step for Andre Juice into the technology sector. While the final outcome is not yet certain, the size and nature of the deal mean that it could have a significant impact on the company’s future direction, financials, and share price. Shareholders and investors are urged to monitor further announcements closely and act with caution.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. The actual outcome of the potential acquisition may differ from current expectations due to a variety of risks and uncertainties. Investors should make their own decisions based on their individual circumstances and seek independent advice if needed.
煙台北方安德利果汁有限公司宣布有意收購寧波甬強科技控股權
重點摘要
- 簽訂股權轉讓框架協議：安德利果汁與寧波甬強科技及其主要股東（包括何江啟、袁強、寧波源路載科技合夥企業）簽署股權轉讓框架協議。
- 有意收購控股權：安德利果汁有意取得甬強科技控股權，具體收購股權比例及金額尚未確定，須待進一步協商及正式協議簽訂。
- 預計交易金額：本次潛在收購的估算對價介乎人民幣6億至8億元，屬於公司歷來較大規模的投資。
- 收購保證金：安德利果汁需於框架協議簽署後兩日內，向聯合管理賬戶支付4,500萬元人民幣作為保證金，該筆款項使用須經雙方書面確認，並根據協議進展而決定退還或歸屬。
- 盡職調查及估值：最終交易價格將依據公司委託的資產評估機構出具的估值報告進行協商確定。
- 交易結構與時程：如四個月內未能簽署正式收購協議或出現重大違約，框架協議可終止。
- 香港上市規則：目前本交易未構成須披露交易，但如收購落實，將成為香港上市規則第14章下的須披露交易，需作進一步公告及合規。
- 資金來源：安德利果汁擬以自有資金或自籌資金支付收購對價。
- 不確定性：收購能否落實存在重大不確定因素，包括目標公司現有股東需放棄優先購買權及其他特殊權利。收購最終可能不會進行。
股東及投資者需留意事項
是次公告涉及安德利果汁進軍高科技產業的重要戰略部署，擬收購業務涵蓋專用電子材料、集成電路設計及相關技術服務。收購金額高達8億元人民幣，對公司未來資產結構及戰略方向有深遠影響。
可能影響股價的重要信息
- 收購規模屬於安德利果汁近年來最大投資之一，將對資產負債表及經營策略帶來潛在影響。
- 目前僅簽訂框架協議，交易條款（包括收購價、股權比例及付款方式）仍有變數，並需目標公司其他股東放棄特殊權利，存在不確定性。
- 保證金安排嚴謹，如交易未能完成，短期現金流或受影響。
- 如收購落實，將屬須披露交易，公司須依上市規則作進一步公告，屆時或對股價產生影響。
- 收購成敗取決於盡職調查、資產估值及各方最終協議。
- 公司提醒股東及投資者，收購未必一定完成，買賣股份時務必審慎。
關於寧波甬強科技有限公司
甬強科技成立於2019年12月，主營專用電子材料、集成電路設計及技術服務，還涉足軟硬件銷售及技術推廣。公司控股股東為何江啟及袁強，合計持股42.96%（包括通過寧波源路載科技合夥企業間接持股）。
後續安排及補充信息
- 如簽署正式收購協議或有重大進展，公司將及時作進一步公告。
- 股東須留意協議進展的不確定性，屆時或對公司財務及發展方向構成重要影響。
董事會成員
本公告由安德利果汁董事會審議通過，董事會由王安先生擔任主席，成員包括執行董事、非執行董事及獨立非執行董事。
總結
這次潛在收購標誌著安德利果汁向高科技領域的戰略轉型。雖然結果尚未明朗，但交易規模和性質意味著對公司未來發展及股價或有重大影響。股東及潛在投資者應密切留意公司公告，謹慎操作。
免責聲明：本文僅供參考，並不構成任何投資建議。收購事項最終結果存有不確定性，投資者應根據自身情況審慎決策，並自行諮詢專業意見。
