The transaction price is 198 million yuan, and there is another acquisition case in the LED field.

5月19日，康平科技（苏州）股份有限公司（以下简称"康平科技"）发布公告称，公司拟以1.98亿元人民币收购上海搜鹿电子有限公司（以下简称"搜鹿电子"）100%股权。 The motion has been reviewed and approved by the board of directors.
公告显示，康平科技将向海南香橼创业投资合伙企业收购其持有的搜鹿电子90%股权，交易金额为1.782亿元；同时向江苏康平控股集团有限公司（以下简称"康平控股"）收购其持有的搜鹿电子10%股权，交易金额为1,980万元。 After the transaction is completed, Kangping Technology will hold 100% of the equity of Solu Electronics, and Solu Electronics will be included in the company's consolidated statements.
ValueIt should be noted that in fact, Kangping Technology announced as early as 2022 that it planned to acquire 100% of Solu Electronics from related parties for 150 million yuan. Two years later, Kangping Technology officially confirmed the acquisition proposal.
Data show that Solu Electronics was founded in 2004 and is mainly engaged in the production, processing and sales of instruments. It has the ability to independently develop, manufacture, sell and export PCBAs, motor control modules, electronic laser products, LED series products, home appliance components, inverters and other products for various electronic power tools. Among them, LED series products include lighting LED power supplies for power tools and lighting LED PCB components.

PCBA product and LED product sales are the main sources of income for Solu Electronics.Accounting for more than 80% of sales, its products are mainly targeted at overseas markets. In 2024, Solu Electronics achieved revenue of 99.12 million yuan, net profit of 18.1357 million yuan, and net cash flow generated from operating activities of 21.95 million yuan, both increased compared to 2023.
As the acquirer of this transaction, Kangping Technology mainly focuses on the business of motors for power tools and complete power tool machines. Its main products include motors for power tools, complete power tool machines, machined shafts and other accessories, injection molded parts and other accessories.

Kamping Technology stated that this acquisition will help the company and Solu Electronics achieve complementary advantages in technology, products, markets, etc., actively exert synergy effects, and promote in-depth integration of industry verticals and businesses. Transaction completedAfter completion, the company's layout and resource advantages in the power tool industry will be enriched, and its influence will be further expanded.