According to the announcement from KEBODA (603786.SH), its wholly-owned subsidiary KEBODA Deutschland GmbH & Co. KG (hereinafter referred to as "German KEBODA") intends to acquire 100% equity of Integrated Micro-Electronics Czech Republic s.r.o. (hereinafter referred to as "Czech IMI Company") using its own funds. Upon completion of the acquisition, the Czech IMI Company will become a wholly-owned subsidiary of the company. The total acquisition price is expected to be €9.425567 million.

It is reported that the local management and production team of the Czech IMI Company has rich industry experience and holds IATF16949 and ISO14001 certifications in the automotive industry. The business of the Czech IMI Company covers the automotive and industrial sectors, with the automotive sector accounting for 85% and the industrial sector for 15%. Most of its cooperative clients are well-known automotive parts suppliers, and its end customers include numerous international automotive brands such as Renault, Audi, BMW, Toyota, Mercedes-Benz, Volkswagen, Ford, and Tesla.

German KEBODA intends to acquire 100% equity of the Czech IMI Company in cash. This acquisition is based on retaining the real estate, some production equipment, and other fixed assets of the Czech IMI Company; to ensure the rapid integration of subsequent business, 165 employees will be retained. To ensure that KEBODA continues to generate income during its own business integration period, the Czech IMI Company will provide OEM services to the IMI Group in stages after the delivery (the OEM products are part of the product orders already obtained by the Czech IMI Company; these product orders will be fully divested to the IMI Group as a prerequisite for this transaction). Under the framework of this equity acquisition, all assets and liabilities unrelated to this transaction will be divested.

This acquisition of the Czech IMI Company will enable KEBODA to achieve its goal of establishing overseas manufacturing facilities in the short term, effectively reducing the impact of adverse factors such as current de-globalization and supply chain uncertainty, and significantly enhancing the company's core competitiveness and risk resistance capability. Through this acquisition, the target company can enter KEBODA's existing customer channels, rapidly achieve product delivery relying on its mature management systems in procurement, quality control, and operations; at the same time, the mature management team and workforce of the target company will become a solid foundation for the rapid introduction of subsequent product production projects, fully leveraging the synergy between the target company and KEBODA