After the collection of micro-network news, after Yuanke and Qiwei, Hongqin is also acquired by the listed company. On the evening of July 30, the same technology disclosure restructuring plan said that the proposed price of 650 million yuan through the issuance of shares and payment of cash to buy Hong Qin Technology has a 100% stake. Up to now, the three leading domestic companies that have made solid-state storage in special industries have been acquired by listed companies.
It is understood that the transaction is the same technology to intend to Yang Jianli, Hefei Ruby, Zhuhai Hanhu Naland, Huachuang Ruichi, Yu Daxian and Tian Aihua to issue shares and pay cash to buy their holding Hong Qin Technology 100% Equity.
According to the same technology announcement, the initial assets of the above transaction were initially valued at 650 million yuan. After the completion of the transaction, Hongqin Technology will become a wholly-owned subsidiary of Tongyou Technology. After consultation with the parties, the listed company intends to pay by issuing shares. The consideration amount is 60% of the estimated total amount of the transaction; the consideration paid in cash is 40% of the estimated total amount of the transaction.
The data shows that Tongji Technology is mainly engaged in the research, development and application of data storage, data protection, disaster recovery and other technologies. Hongqin Technology was established in 2007, dedicated to the research and development, production and sales of solid-state storage products, which is an early entry. One of the companies in the SSD market. Hongqin solid-state storage products are used in aerospace, shipbuilding, weapons, electronics and many other military fields, and there are a group of mature and stable military customers.
The data shows that the net profit realized by Hongqin Technology in 2016, 2017 and from January to June 2018 is approximately 9.758 million yuan, -427.82 million yuan and -231.43 million yuan respectively. The net realized after deducting non-recurring gains and losses The profits were 9,558,700 yuan, 9,903,800 yuan and 8,523,200 yuan.
It is worth mentioning that the same technology will be with the counterparty before re-examining the board of directors of this transaction, the two sides will separately sign the "profit forecast compensation agreement", clear specific performance commitments and compensation arrangements, the details will be in the restructuring report (draft) Disclosed in the middle.
Tongyou Technology said that the company continues its industrial chain layout in the flash memory strategy. In addition to the development direction of all-flash storage systems, it is also the first in the industry to expand the flash industry chain, in flash controllers, under-flash algorithms, flash system platforms, flash applications. In terms of various aspects, etc., Hongqin Technology has the manufacturing capacity of SSDs, and has the layout of SAS, SATA, and NVMe main controllers. It has its own unique advantages in flash customization solutions, and the strategy of the same technology. The direction is exactly the same.
Through this acquisition, Tongyou Technology believes that the company can quickly form various technical reserves of flash memory and launch autonomously controllable all-flash products with core competitiveness.
According to the collection micro-network, in October 2015, Xingsen Technology increased its capital to Yuanke Innovation with its own funds of RMB 60 million. In November 2015, Xerox Defense acquired Xi'an Qiwei Technology Co., Ltd. for 895 million yuan. The company's 100% stake. At this point, the three domestic leading companies in the special industry solid-state storage source, Qi Wei, Hong Qin were acquired by listed companies.
However, there are still several strong companies in the industry, such as Hangzhou Hua Weiwei, which has been listed on the New Third Board, and the investment of Zhaoyi Innovation, the core team of the former SandForce China R&D Center and Wuhan Yizheng. Yu Technology and so on.