Premium 25 times Liard 40.83 million wholly-owned acquisition of Internet Yida

Liard, who has suspended trading for nearly two months, announced on the evening of November 20 that he intends to acquire 100% of Beijing Interconnected Yida Technology Co., Ltd. (hereinafter referred to as “Connected Yida”) for 40.83 million yuan. After the completion of the acquisition, Interconnected Yida will become a wholly-owned subsidiary of the company.

According to the acquisition report, Beijing Interconnected Yida Technology Co., Ltd. estimated the book value of the total assets as 12.403 million yuan, the book value of total liabilities was 10.81 million yuan, and the book value of net assets was 1,584,600 yuan. The value of the total equity of the shareholders after the income method was estimated was 45.082 million yuan, which was 1.584 million yuan of net book value, and the value added was 434.78 million yuan, with a value-added rate of 2745.00%.

Connected Yida is a provider of LED display and control system solutions for the broadcast and television industry. Its main business involves broadcast and television studio display and control systems, multimedia review systems, virtual studio systems, advertising monitoring systems and other fields. Over the years, Internet Yida has established cooperative relations with 38 provincial and municipal TV stations such as CCTV, Anhui TV, Hunan TV, Guangxi TV and Guizhou TV, providing display and control solutions for TV studios, studios and other venues. Program.

According to the company, this is to make full use of the above-mentioned small-pitch TV products in the high-definition studio system to market the existing LCD wall, DLP rear-projection wall and other display products, and quickly expand the company's market in the field of radio and television. The sales share will further promote the deep development of the company's LED large-size and small-pitch TV products in the direction of specialization and industry.

In the future, the company will adopt a two-channel growth measure of endogenous stable development and outreach acquisition. In terms of endogenous development, the company will continue to focus on the LED application industry, focus on market demand, enhance R&D strength and product competitiveness, improve and upgrade product structure, strengthen domestic and international market promotion, and continuously enhance brand image and product market awareness. Optimize the company's management system and processes to maintain the stable development of the company's overall operating performance. In terms of extension expansion, the company will make full use of the favorable conditions for landing capital markets, and through the continuous acquisition of outstanding companies in LED applications and related fields, fully utilize the complementary advantages of the company and the target companies in business, technology, customers, regions, etc. Play synergies and promote the leap-forward development of the company's business.

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