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Ultrapower plans to acquire a portion of the equity of ManYou Brothers to optimize its equity structure

Zhitong
Mar 25, 2025 at 10:55 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Ultrapower announced that its wholly-owned subsidiary intends to acquire 52.1474% equity of Beijing Manyou Brothers Technology Co., Ltd. for 14.025 million yuan. After the acquisition, Ultrapower's shareholding in Tianjin Taiyue Xiaoman Technology Co., Ltd. will increase from 60.16% to 80.42%. This move aims to optimize the equity structure and improve operational efficiency

According to the Zhitong Finance APP, Ultrapower (300002.SZ) announced that its wholly-owned subsidiary, Beijing Ultrapower Technology Co., Ltd., intends to use its own funds to acquire 52.1474% equity of Beijing Roaming Brothers Technology Co., Ltd. (referred to as "Roaming Brothers") for a total transaction price of 14.025 million yuan. Roaming Brothers is a limited liability company established specifically for investing in Tianjin Taiyue Xiaoman Technology Co., Ltd. (referred to as "Taiyue Xiaoman"), with its main asset being the equity it holds in Taiyue Xiaoman. Upon completion of the acquisition, the company's shareholding ratio (directly and indirectly) in Taiyue Xiaoman will increase from 60.16% to 80.42%.

The announcement shows that Roaming Brothers was one of the founding shareholders when Taiyue Xiaoman was established in 2014, and all natural person shareholders of Roaming Brothers were employees of the company at that time; some employees have since left, while others are still employed by the company but not at Taiyue Xiaoman. To optimize the equity structure of its subsidiary and further enhance the operational efficiency of Taiyue Xiaoman, the company plans to acquire the equity of Roaming Brothers' shareholders and later transfer it to the existing team of Taiyue Xiaoman at the same pricing principle

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