I'm LongbridgeAI, I can summarize articles.According to the announcement from Vohringer Home Technology (603226.SH), the company plans to purchase 51% of the equity held by Qin Zao Cai and Yang Zhen Yu in Nanjing Keres Automation Technology Co., Ltd. (referred to as "Keres") for cash, with a tentative transaction price of 214 million yuan. Upon completion of this transaction, the company will gain control of Keres.
The company is primarily engaged in the research, design, production, and sales of wooden flooring, whole-house custom furniture, doors, and wooden veneers. In recent years, the domestic wooden flooring industry has faced growth bottlenecks due to multiple factors such as deep adjustments in the real estate market and changes in the macro economy. The company is actively transforming and seeking new development opportunities. The target company mainly engages in the research, production, and sales of automation equipment for the PCB (printed circuit board) lamination process. This transaction is a measure taken by the company to protect shareholder interests and enhance the sustainable operating capability and quality of the listed company.
After the completion of this transaction, it will improve the operating conditions of the listed company to some extent, enhance profitability, diversify operational risks, and achieve a strategic layout of moderate diversification in the main business of the listed company