丘鈦科技(01478.HK)可能出售印度丘鈦51%股權
格隆匯7月15日丨丘鈦科技(01478.HK)公告,於2025年7月15日,印度丘鈦及出售股東與Dixon簽訂具約束力條款說明書,據此,Dixon已有條件同意透過股份購買事項及股份認購事項方式收購印度丘鈦合共51%實繳股本,有關條款及條件將待進一步協商並將載於交易文件內。
建議交易總代價初步協定爲55.3億印度盧比,包括(i)股份購買事項代價42.8億印度盧比;及(ii)股份認購事項代價12.5億印度盧比。總代價爲印度丘鈦除稅後溢利約15.5倍(視乎最終經審覈數字而定),此乃根據印度丘鈦於截至2025年3月31日止財政年度財務報表及印度丘鈦投資後估值爲108.5億印度盧比後釐定,惟視乎將會載列於交易文件內最終估值及協議而定。
待建議交易完成後,集團將保留印度丘鈦49%股權,而印度丘鈦將不再作爲公司附屬公司合併入賬。
印度擁有全球最多人口,於智能終端產品消費潛力巨大,因此,預計印度市場對攝像頭模組及指紋識別模組需求將會持續穩定增長。搶先於印度建立攝像頭模組及指紋識別模組全面營運管理能力,對於搶佔當地更大市場份額至關重要。
同時,獲得印度政府支持,例如政府補貼,將有利於幫助印度丘鈦進一步擴大其產能,並且提升其爲印度客戶提供服務能力。鑑於當前宏觀經濟環境,與印度本土企業多元化合作,有利於搶佔先機。Dixon作爲印度當地規模最大的電子製造服務商之一,與印度丘鈦有共同的行業及客戶基礎,在攝像頭模組及指紋識別模組方面擁有大量採購及長期發展需求。董事認爲,與Dixon就印度丘鈦建立股權合作關係將促進印度丘鈦快速增長,並迅速於印度佔據較大市場份額,最終有利於印度丘鈦及本集團進一步提升營運表現。
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