TYM plans to acquire controlling stake in Xingyun Kaiwu, trading will be suspended starting tomorrow

According to the Zhitong Finance APP, TYM (301178.SZ) announced that the company is planning to issue shares and pay cash to purchase assets and raise supporting funds. This transaction is expected to constitute a significant asset restructuring but does not constitute a restructuring listing. The target company is Guangdong Xingyun Kaiwu Technology Co., Ltd. (referred to as "Xingyun Kaiwu" or "target company"), and the company intends to acquire all or part of the equity of Xingyun Kaiwu (to obtain controlling interest) through the issuance of shares and cash payment while raising supporting funds. The company's stock will be suspended from trading starting June 10, 2025.

The target company is a digital service platform for intelligent self-service equipment, focusing on providing integrated solutions of "smart IoT hardware + SaaS" systems, managing over 3 million self-service devices offline through "IoT + SaaS cloud platform," empowering factories and operators to enhance operational efficiency and management effectiveness. The target company is a national high-tech enterprise with strong technological research and development capabilities, holding 55 invention patents, 95 utility model patents, and 115 software copyrights. In 2023 and 2024, it was recognized by the Ministry of Industry and Information Technology as a "specialized, refined, distinctive, and innovative 'little giant' enterprise" and a "national-level specialized, refined, distinctive, and innovative key 'little giant' enterprise."