--- title: "Guangju Energy plans to acquire 100% equity of Aerospace Ouhua, seeking a second growth curve" type: "News" locale: "en" url: "https://longbridge.com/en/news/228032505.md" description: "Guangju Energy plans to use its own cash to acquire 100% equity of Aerospace Ouhua, aiming to seek a second growth curve. Aerospace Ouhua is the national general distributor of ZTE Corporation, mainly engaged in the distribution of government and enterprise products, with stable profitability. This acquisition will focus on ZTE Corporation's distribution business, divesting other businesses to improve the quality of the company's operations and overcome the revenue difficulties of traditional industries" datetime: "2025-02-12T12:17:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228032505.md) - [en](https://longbridge.com/en/news/228032505.md) - [zh-HK](https://longbridge.com/zh-HK/news/228032505.md) generator: "portal-rs" --- # Guangju Energy plans to acquire 100% equity of Aerospace Ouhua, seeking a second growth curve According to the Zhitong Finance APP, Guangju Energy (000096.SZ) announced that the company plans to use its own funds to publicly acquire 100% equity of Aerospace Ouhua Information Technology Co., Ltd. (referred to as "Aerospace Ouhua" or "the target") held by Shenzhen Aerospace Industry Technology Research Institute Co., Ltd. (referred to as "Aerospace Research Institute" or "the counterparty") in cash. Aerospace Ouhua is currently one of the national general distributors of ZTE Corporation (referred to as "ZTE") for its government and enterprise product distribution business. The upstream business is ZTE, and Aerospace Ouhua sells products to downstream channel partners (agents) and industry customers while providing various value-added distribution services such as warehousing logistics, technical support, channel expansion, and comprehensive services. At the same time, Aerospace Ouhua also engages in other businesses such as Smart+ and system integration. Since starting the distribution business for ZTE's government and enterprise products, Aerospace Ouhua has signed channel cooperation agreements with ZTE for several consecutive years and maintained a good cooperative relationship. This acquisition will stop or fully divest Aerospace Ouhua's Smart+, system integration, and other businesses, continuing to operate the relatively stable profit-generating government and enterprise product distribution business of ZTE. The company's current main business includes wholesale and retail of refined oil and warehousing, chemical product trading, land and property leasing, all of which belong to traditional industries. Some trading businesses face the practical dilemma of high revenue but low profits. The gross profit margins of Aerospace Ouhua's government and enterprise business for 2022, 2023, and 2024 are 3.18%, 3.2%, and 6.55%, respectively, which are higher than the general chemical product trading gross profit margin currently operated by the company, and are expected to bring new profit growth points. The company has accumulated years of experience in trade business management and has been continuously exploring new ideas for trade business in recent years, strengthening standardized business operations and promoting the transformation and upgrading of trade business. To implement the company's strategy and seize market opportunities, the company plans to enhance its business quality through mergers and acquisitions that align with its growth and development projects, seeking a second growth curve ### Related Stocks - [000096.CN](https://longbridge.com/en/quote/000096.CN.md) - [00763.HK](https://longbridge.com/en/quote/00763.HK.md) ## Related News & Research - [Strategic Environmental & Energy Resources moves to deregister common stock under Exchange Act Section 12(g)](https://longbridge.com/en/news/296370001.md) - [Foreign tariffs made US whiskey cheaper... depending on where you live](https://longbridge.com/en/news/296410427.md) - [NORCO: Q2 saw robust growth and record orders, with infrastructure and energy leading performance](https://longbridge.com/en/news/296469313.md) - [Skanska (OM:SKA B) Could Be 6% Undervalued After Major US Contract Wins](https://longbridge.com/en/news/296451259.md) - [Hemisphere Energy Corporation declares CAD 0.025 dividend](https://longbridge.com/en/news/296493834.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**