At the beginning of the listing of 20 13, Liyuan Information put forward a strategic plan for the development of outreach mergers and acquisitions, striving to become an industry leader and integrator in the field of electronic component distributors. It has successively acquired Ding Xin Infinite, Tengfei Electronics and Wuhan Patai, and participated in e-commerce Yunhan New City. In just three years, Liyuan Information has implemented three non-stop mergers and acquisitions, costing 3.258 billion yuan. After the completion of large-scale mergers and acquisitions, Liyuan Information jumped to the top five in the industry and officially became the first echelon of domestic distributors.
Although there were many questions about the mass M&A of power source information at that time, it still handed over a surprising answer. According to the annual report of Liyuan Information, after the acquisition, its performance has advanced by leaps and bounds. From 20 17 to 20 19, the net profit returned by Liyuan information was 324 million yuan, 357 million yuan and1920,000 yuan respectively. Prior to this, from 20 1 1 to 20 16, its net profit attributable to the parent company was only 24 197900 yuan, 19052500 yuan,17/kloc-0.
Ding Xin Unlimited is an integrated circuit distribution and solution provider focusing on the Internet of Things and its related applications. As a national high-tech enterprise, its products cover six major fields, such as Internet of Things, wireless communication, security monitoring, smart meters, automotive electronics and new energy. According to the financial data, as of June 30th, 20 13, Ding Xin had unlimited total assets of 65,438+33 million yuan and net assets of 53612,700 yuan. From June 2065438 to June 2003, the company achieved revenue of 1.4 1 billion yuan and net profit of 7,662,900 yuan.
This transaction is an important measure for the company to start an extended development model. Ding Xin Infinite, the target company, is a technical distributor of IC products focusing on the Internet of Things and communication, and has accumulated a large number of high-quality original suppliers and downstream customers. Ding Xin Unlimited and listed companies belong to the integrated circuit distribution industry, and they are highly complementary in upstream product lines, sales channels and downstream customers. Through this merger, listed companies can achieve a more reasonable combination in front-end product lines, sales channels, customer groups and regional layout, cross-selling customers and repeated development, thus enhancing customer stickiness. In addition, listed companies can reduce procurement, warehousing, logistics costs and labor costs through back-end integration, and directly improve the gross profit level of products and services.