ST WELLTECH plans to acquire a controlling stake in ZJQY for 546 million yuan to enter the lithium battery materials industry
ST WELL plans to acquire 51% of ZJQY for 546 million yuan, becoming its controlling shareholder. ZJQY focuses on the research and production of lithium battery materials and has established partnerships with several well-known lithium battery manufacturers. This transaction will help *ST WELL enter the lithium battery materials industry, optimize its business layout, and promote transformation
According to the announcement from *ST WELL (002058.SZ), the company plans to acquire a total of 30,298,300 shares of ZJQY, which accounts for 51% of ZJQY's total share capital, by paying cash to ZJQY, Changjiang Chenda, Ningde New Energy, Huiyou Chuangjia, Jiaocheng SAIC, military-civilian integration, and individuals He Aizhong, Wang Hong, Guo Feng, Qin Zhengyu, Gao Jun, Shen Junping, Ni Ye, Ying Zicheng, Wu Bihai, Xu Dianguo, Wu Yonghui, Shao Xuzhen, Liu Ning, Qiu Cuijiao, Gong Ping, Chen Tao, He Zhizhong, Hu Guiwen, Gu Ying, Chen Wei, Zhang Wei, Gao Xian, and Xie Fengfeng. After the completion of this transaction, the company will become the controlling shareholder of ZJQY. The transaction price is 546 million yuan.
The target company, ZJQY, mainly engages in the research, development, production, and sales of aluminum-plastic films for soft-pack lithium batteries used in power storage and 3C digital products. ZJQY has successfully established stable cooperative relationships with well-known lithium battery manufacturers such as ATL, BYD, Xinwangda, Penghui Energy, and New Energy An, gaining high market recognition and a good reputation in the industry due to its years of production technology and manufacturing experience.
After the completion of this transaction, ZJQY will become a controlling subsidiary of the listed company, which will enter the lithium battery materials industry with stronger growth potential, further optimizing the overall business layout and accelerating the transformation of the listed company towards new productive forces
