Saiyi Information Acquires the Remaining 49% Equity of Gideon Information to Consolidate Its Competitiveness in the Pan-ERP Field_ Securities Times Network

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After acquiring a 51% stake in Shanghai Gideon Information Technology Co., Ltd. (hereinafter referred to as “Gideon Information”) in 2020, Saiyi Information (300687) plans to further realize a wholly-owned controlling stake in Gideon Information and consolidate its competitiveness in the pan-ERP field.

On the evening of June 19, Saiyi Information announced that the wholly-owned subsidiary Guangzhou Saiyi Yecai Technology Co., Ltd. (formerly Guangzhou Energy Box Technology Co., Ltd., hereinafter referred to as “Saiyi Yecai”) and Gideon Information shareholder Shanghai Yihuo Information Technology Co., Ltd. Center (Limited Partnership) (hereinafter referred to as “Ehud Information”) signed the acquisition agreement. Saiyi Yecai plans to acquire a 49% stake in Gideon Information with its own or self-raised funds of 86 million yuan.

The two parties agree that Yihuo Information shall purchase the shares of Saiyi Information by means of the method permitted by laws and regulations (including but not limited to open market transactions, centralized bidding transactions, block transactions, agreement transfers, etc.) And follow the agreed steps to purchase two times.

No transfer or transaction shall be made within 12 months from the date when Yihut Information obtains the shares of Saiyi Information in accordance with the acquisition agreement (referring to the date when all batches of shares of Yihut Information are obtained in full). In order to ensure that the transferor performs this transaction, the Saiyi Information shares purchased by the transferor or the designated entity in the open market are pledged to Saiyi Yecai to provide a pledge guarantee for this transaction. Saiyi Yecai will release the pledged shares in three phases according to the target company’s 2022, 2023, and 2024 “Special Review Reports” and related compensation agreements.

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In December 2020, Saiyi Information announced that it acquired 51% equity of Gideon Information by way of equity transfer and capital increase with its own or self-raised funds of 810.237 billion yuan. Yuan.

At that time, Gideon Information, core members and existing shareholders promised that in 2020, the net profit of Gideon Information after being audited by an accounting firm with securities practice qualifications will not be less than 10.2429 million yuan.

In the acquisition of the remaining 49% equity of Gideon Information, the original shareholders also promised that the target company’s audited consolidated statements for 2022, 2023, and 2024 should not be less than 13.78 million yuan and 16.536 million yuan respectively. Yuan, 19.8432 million yuan.

After the acquisition, Saiyi Information holds 51% of Gideon Information, and Saiyi Yecai holds 49% of Gideon Information. That is, Saiyi Information holds 100% equity of Gideon Information through direct and indirect means.

Gideon Information was established in 2011, and its industry is software and information technology services. It is a financial digital middle platform based on self-developed, providing enterprises with business-finance integration, financial operation digitization and intelligent transformation landing tools, as well as through data The driving management model is a leading enterprise that provides professional products and services for large and medium-sized group enterprises in the construction of management accounting system, comprehensive budget, information disclosure and compliance, and group financial consolidation. Its core team has accumulated more than 20 years of professional experience in the financial field, and its typical customers include: Nissan Global Nissan Motor Co., Ltd., Beijing Benz Automotive Co., Ltd., Dongfeng Motor Co., Ltd., SAIC Volkswagen Co., Ltd., SAIC General Motors Sales Co., Ltd., Guangzhou Automobile Trading Co., Ltd., Hisense Group Co., Ltd., Beijing Didi Infinite Technology Development Co., Ltd., Guangzhou Baiyunshan Pharmaceutical Group Co., Ltd., China Life Insurance Co., Ltd. and other large and medium-sized group enterprises, in the automotive, medical, financial, Internet and other industries have strong product and technological advantages.

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Saiyi Information said that the company’s wholly-owned subsidiary Saiyi Yecai acquired a 49% stake in Gideon Information, a holding subsidiary, which is conducive to further consolidating the company’s pan-ERP field, especially the integration of industry and finance, management accounting, budgeting and mergers, etc. The self-developed product foundation of financial digitalization further enhances the company’s comprehensive profitability and core competitiveness, which is in line with the company’s overall long-term development strategic plan.

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