Bomin Electronics Acquires Juntian Hengxun Unconditionally

Micro-network news, Bomin Electronics announced on the evening of June 13th, reviewed by the 28th working meeting of the M&A and reorganization review committee of the China Securities Regulatory Commission in 2018. The company’s acquisition of 100% equity of Juntian Hengxun was unconditionally passed. Commenced trading on the 14th of the month. After the acquisition is completed, Bomin Electronics will enter the field of electronic components custom solutions.

The announcement disclosed that the transaction price was 1.25 billion yuan, of which the payment of the consideration was 1.055 billion yuan in the form of shares issued and the cash payment was 195 million yuan. At the same time, the company will raise matching funds not exceeding 418 million yuan to cover the cash of this transaction. The consideration and the project construction of Juntian Hengxun.

According to the data, Juntian Hengxun is a PCBA core integrated electronic component customization solution provider, mainly engaged in the failure analysis of PCBA related core electronic components, custom development and sales, and provides related quality monitoring, process guidance, process management And crisis management and other technical support and after-sales service.

In 2017, Juntian Hengxun achieved operating income of 274 million yuan, an increase of 132.91% year-on-year. In terms of performance commitments, Juntian Hengxun's deducted net profit from 2018 to 2020 was not less than 90 million yuan, respectively, 1.125 billion yuan and 141 million yuan. yuan.

Bomin Electronics stated that the company's main products are high-precision printed circuit boards, and this proposed acquisition of the target Hengtian Hengxun is a customized solution provider in the field of electronic components, which can help the company extend its business to the electronic components loaded on the PCB. With its related functional modules, it is expected to achieve the effect of '1+1> 2'.

According to industry analysts, this transaction belongs to the same industry, and the strong combination of the two parties will help the listed company to enrich product structure and business operation model, while further extending the industrial chain layout, enhancing product customization and providing comprehensive service capabilities for customers. , Make Bo Min Electronics from a single PCB product manufacturer to a comprehensive solution provider for electronic circuits a big step.

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