Jiahe Intelligent to acquire 55% stake in Huaze Electronics for 330 million yuan
Jiahe Intelligent Electronics announced plans to acquire a 55% equity stake in Dongguan Huaze Electronics for an estimated RMB 330 million, valuing the target at RMB 600 million. Huaze supplies automotive sensors and audio components to over twenty car brands. The deal includes a performance commitment for 2026-2028 requiring cumulative net profit of at least RMB 171 million. The acquisition aims to enter the automotive smart cockpit acoustic market, but remains subject to due diligence.
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Jiahe Intelligent Plans to Acquire 55% Stake in Huaze Electronics for RMB 330 Million
Jiahe Intelligent, a Chinese consumer electronics and automotive components maker, announced plans to acquire a 55% equity stake in Dongguan Huaze Electronics for an estimated RMB 330 million, valuing the target at RMB 600 million. This is Huaze Electronics' second attempt at entering the capital markets after a previous acquisition by Chenyi Intelligent fell through in January 2026 due to disagreements on key terms. The current valuation is RMB 75 million higher than the previous attempt. Performance commitments for 2026-2028 require Huaze's net profit to be no less than RMB 54 million, RMB 57 million, and RMB 60 million respectively, totaling RMB 171 million. Gao Chengyuan, Dean of the Tiaoyuan Impact Research Institute, attributed the higher valuation to Huaze's improving profitability and strategic compatibility with Jiahe. The acquisition comes as Jiahe Intelligent faces consecutive net profit declines, including a loss in 2025 and a 92.49% drop in first-half 2026 net profit. The company's stock has fallen 28.26% year-to-date.
Jiahe Intelligent Plans to Acquire Huaze Electronics, Entering In-Vehicle Acoustics Market
Jiahe Intelligent (300793) announced plans to acquire a 55% stake in Dongguan Huaze Electronics, an in-vehicle acoustics enterprise, via cash payment, achieving controlling ownership. Huaze Electronics is valued at RMB 600 million, with profit commitments of at least RMB 50 million in 2025 and RMB 54-60 million annually from 2026-2028. Huaze supplies over twenty automotive brands including Chery, Great Wall Motors, and Stellantis. Jiahe Intelligent stated the acquisition would integrate its acoustic algorithms and manufacturing capabilities, Beyerdynamic's brand heritage (acquired earlier this year), and Huaze's automotive-grade production channels. The company aims to expand into three acoustic application scenarios: consumer, professional, and in-vehicle. The article notes that in-vehicle acoustics represents structural growth driven by increasing microphones per vehicle, with entry barriers including long certification cycles and high switching costs. Short-term integration risks exist, but synergies could extend Jiahe's depth in the acoustic industry chain.
Read sourceJiahe Intelligent Plans to Acquire 55% Stake in Huaze Electronics for RMB 330 Million
Jiahe Intelligent Electronics has announced a plan to acquire a 55% equity stake in Huaze Electronics, with an estimated total transaction value of RMB 330 million. The overall valuation of the target company is tentatively set at RMB 600 million. As part of the deal, a performance commitment period from 2026 to 2028 requires Huaze Electronics to achieve cumulative net profit after deducting non-recurring items of no less than RMB 171 million. The report, sourced from Cailian Press and published on East Money, notes that the transaction still requires due diligence and other procedures, and there remains uncertainty as to whether it will ultimately be completed.
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Jiahe Intelligent Plans to Acquire 55% Stake in Huaze Electronics for RMB 330 Million
On September 18, Jiahe Intelligent (300793) announced its plan to acquire a 55% equity stake in Huaze Electronics from four shareholders, including Shen Shengmeng, through a cash transaction. The preliminary estimated value of the target equity is RMB 330 million. Upon completion of this transaction, Huaze Electronics will become a controlled subsidiary of Jiahe Intelligent. The announcement was reported by People's Finance and published on stockstar_securities_news.
Read sourceJiahe Intelligent to Acquire 55% Stake in Huaze Electronics for 330 Million Yuan
Jiahe Intelligent Electronics, a consumer audio products manufacturer, has agreed to acquire a 55% stake in Huaze Electronics for an estimated total transaction value of RMB 330 million. The overall pre-valuation of Huaze is set at RMB 600 million. The performance commitment period runs from 2026 to 2028, with an average annual net profit target of RMB 57 million and cumulative net profit after deducting non-recurring items of no less than RMB 171 million, implying a P/E ratio of approximately 10.5 times. Huaze Electronics specializes in automotive sensors, in-car audio power amplifiers, USB modules, fragrance systems, and handheld KTV microphones for vehicles, serving as a Tier 1 supplier to over twenty domestic and international automobile brands. Jiahe Intelligent stated that the acquisition will allow it to leverage Huaze's technology, customer resources, and market channels to break into the automotive smart cockpit acoustic integration system market. The report notes that entry barriers in the automotive OEM market are extremely high, and the acquisition effectively buys a validated entry ticket. The deal remains in the planning stage and is subject to due diligence and other procedures, creating uncertainty about its completion.