--- title: "SPM plans to acquire 25% equity of its controlling subsidiary Guiyan Gongcui for 19 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/222794008.md" description: "SPM plans to acquire a 25% stake in its controlling subsidiary, Guiyan Gongcui, for 19 million yuan, aiming to enhance management decision-making capabilities and operational efficiency. After the acquisition, Guiyan Gongcui will become a wholly-owned subsidiary, focusing on the research and production of precious metal industrial catalysts, promoting product structure optimization and market competitiveness. The company will accelerate the production capacity expansion of catalyst products, promote digital and green development, and strengthen research and development as well as external cooperation" datetime: "2024-12-19T11:01:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/222794008.md) - [en](https://longbridge.com/en/news/222794008.md) - [zh-HK](https://longbridge.com/zh-HK/news/222794008.md) generator: "portal-rs" --- # SPM plans to acquire 25% equity of its controlling subsidiary Guiyan Gongcui for 19 million yuan According to the announcement from Guiyan Platinum Industry (600459.SH), in line with the company's 14th Five-Year Plan and strategic business layout, to further enhance the management decision-making capability and operational efficiency of its holding subsidiary Guiyan Industrial Catalyst (Yunnan) Co., Ltd. (referred to as "Guiyan Industrial Catalyst"), strengthen synergy effects, and improve the overall profitability and comprehensive strength of Guiyan Industrial Catalyst, the company plans to acquire a 25% equity stake in Guiyan Industrial Catalyst held by Lanzhou New Alliance Environmental Technology Co., Ltd. (referred to as "New Alliance Environmental"). Upon completion of this acquisition, Guiyan Industrial Catalyst will become a wholly-owned subsidiary of the company. The transaction price for this equity transfer is approximately 19 million yuan, subject to the final assessment results issued by a third-party evaluation agency registered with the competent authority. After the completion of this acquisition, Guiyan Industrial Catalyst will focus on its main responsibilities and core business, adhering to the main line of precious metal industrial catalysts, deeply developing precious metal industrial catalyst products with technological and scale advantages, continuously improving the precious metal catalyst product sector, enhancing its competitiveness and brand influence in precious metal industrial catalysts for chemical synthesis, and building a first-class domestic incubator and production processing base for precious metal industrial catalysts. First, accelerate the promotion of production capacity expansion for precious metal industrial catalyst products, promoting the deep integration of digitalization, intelligence, and industrial greening development, continuously improving the level of production equipment and lean production management; second, continuously optimize the product structure to enhance profitability. Timely adjust the product structure, continuously upgrade towards high-end catalysts, specialized catalysts, and green catalysts, broaden product application fields, and enhance market share and profitability. Third, based on its own R&D system, adopt a collaborative innovation R&D model combining "independent R&D + cooperative development" to develop efficient, environmentally friendly, and low-cost catalyst products. Deep integration of production, education, and research, continuously breaking through technological bottlenecks, and enhancing product added value and market competitiveness. Fourth, strengthen external cooperation and broaden development paths, focusing on deepening cooperation in joint technological breakthroughs, innovation platform construction, and market development ### Related Stocks - [600459.CN](https://longbridge.com/en/quote/600459.CN.md) - [002475.CN](https://longbridge.com/en/quote/002475.CN.md) - [20030.HK](https://longbridge.com/en/quote/20030.HK.md) - [600133.CN](https://longbridge.com/en/quote/600133.CN.md) - [300056.CN](https://longbridge.com/en/quote/300056.CN.md) ## Related News & Research - [Best Place to Buy Gold IRA in 2026 (Guide Released)](https://longbridge.com/en/news/296300116.md) - [STARTRADER Launches XAUUSD247, Extending Gold CFD Access Across the Full Week](https://longbridge.com/en/news/296590923.md) - [Why Are Gold and Silver Up Today, 8/19/26?](https://longbridge.com/en/news/296372549.md) - [Patagonia Gold says Rio Negro labor authority orders temporary partial suspension at Calcatreu project](https://longbridge.com/en/news/296604755.md) - [CMOC Last Soars 5%+; Interim Profit Surges 86%, Revenue Hits Record High; Interim DPS Resumed at RMB0.095](https://longbridge.com/en/news/296423052.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**