Ledong Robotics (01236) plans to acquire all shares of SABO-MaschinenFabrik GmbH for no more than 6 million euros

Zhitong Financial App News, Ledong Robotics (01236) issued an announcement. On October 7, 2026 (after the trading period), the Company signed an agreement with its Singaporean subsidiary, seller SABO Holding GmbH, the seller's guarantor and the target company. According to the agreement, subject to the terms and conditions of the agreement, the company agreed to acquire through a subsidiary in Singapore, and the seller agreed to sell all of the target company's shares, with a transaction amount not exceeding 6 million euros. The target company is a long-standing and famous high-end garden equipment manufacturer in Germany, and distributes products through an extensive network of more than 1,400 specialty retailers across Europe.

After completing the acquisition, the Singapore subsidiary will directly hold 100% of the target company's shares, and the target company will become a wholly-owned subsidiary of the Group, and its financial performance, assets and liabilities will be comprehensively recorded in the Group's financial statements.

The target company SABO-MaschinenFabrik GmbH is a long-standing and reputable manufacturer of high-quality lawn mowers and other garden tools. With its comprehensive product portfolio, including gasoline- and battery-powered lawnmowers, as well as rippers, leaf blowers, hedge trimmers, lawn tractors, and tall grass work machinery, the target company serves both residential and commercial markets. The target company focuses on high-value market segments and carries out product distribution and after-sales service through a large and rapidly expanding dealer network covering all of Europe, including more than 1,400 specialty retailers.

The acquisition aims to achieve the following strategic goals and synergistic benefits: first, to obtain high-end European brands, distribution channels, service networks and localized supply chain resources, and significantly reduce channel construction costs, time costs and service thresholds for intelligent garden robots to enter the European market; second, relying on the deep integration of multi-modal sensing hardware, AI algorithms and spatial perception technology, and data accumulation in actual application scenarios, the company's product portfolio extends from core sensors and algorithm modules to complete intelligent robot products with vertical scenarios, and completed three consecutive generations from 2024 to 2026 Iteration and mass production of intelligent mowing robot products have further verified the ability to develop complete intelligent robots and innovate products. These capabilities can empower the target company's existing product line, promote its upgrade to intelligence, electrification and unmanned production, and enhance product added value and high-end market competitiveness; third, use the target company's network of more than 1,400 professional retailers to quickly introduce intelligent mowing robot products to achieve cross-sales and channel reuse to expand residential and commercial market share; fourth, form cost collaboration and operation collaboration in joint R&D, platform-based development, large-scale procurement, manufacturing resources and after-sales service to optimize the cost structure and shorten the product launch cycle; 5. Integrated solutions for intelligent garden robots strengthen customer service capabilities and competitive barriers throughout the entire life cycle. In summary, this acquisition is in line with the company's strategic plan to deeply cultivate the European market. It is an industrial merger and acquisition with complementary advantages, operational collaboration, and industrial logic, contributing to the Group's rapid and steady development.