Core Viewpoint - The article discusses the asset evaluation inquiry published by Anhui Jiangnan Chemical Co., Ltd. regarding the acquisition by Northern Special Energy Group, focusing on goodwill impairment testing related to the acquisition of shares in 18 companies [1] Group 1: Company Overview - Anhui Jiangnan Chemical Co., Ltd. is involved in the asset evaluation process for its acquisition by Northern Special Energy Group [1] - Northern Special Energy Group serves as the main business entity and development platform for the civil explosives industry under the China Ordnance Industry Group [1] Group 2: Acquisition Details - The asset evaluation is based on a reference date of December 31, 2024, to support the acquisition process [1] - The evaluation will provide a basis for the goodwill impairment testing related to the acquisition of Xinjiang Tianhe Chemical Co., Ltd. and Anhui Xiangke Chemical Co., Ltd. among others [1] Group 3: Regulatory and Compliance Aspects - The acquisition received approval from the State-owned Assets Supervision and Administration Commission (SASAC) at the end of 2020 [1] - A commitment letter was issued by Northern Special Energy Group and China Ordnance Industry Group to avoid competition, promising to complete the injection of relevant civil explosive assets into the listed company within 60 months after gaining control, aiming for completion by the end of December 2025 [1]
江南化工:发布《特能集团及江南化工资产评估询价公告》