CFT(SH:603685) Zheng Quan Shi Bao Wang·2025-05-21 12:41Core Viewpoint - The acquisition of 94.28% equity in Liaoning Shengfan New Energy Engineering Co., Ltd. by the company's wholly-owned subsidiary, Liaoning Shenfu North Power Grid Technology Co., Ltd., aims to enhance the independence of the company's new energy business and improve overall competitiveness through better synergy in the new energy industry chain [1][4]. Group 1: Acquisition Details - The transaction amount for the acquisition is 32.8454 million yuan, and after completion, Liaoning Shengfan will become a controlled subsidiary of the company [1]. - The acquisition constitutes a related party transaction but does not qualify as a major asset reorganization [1]. - The purpose of the acquisition is to reduce related party transactions and enhance the independence of the new energy business [1][4]. Group 2: Business Operations of Liaoning Shengfan - Liaoning Shengfan's business scope includes installation, maintenance, and testing of power facilities, as well as construction engineering and inspection services [2]. - The company has not yet officially commenced operations, and the assessed value of its total equity is 34.8399 million yuan [2]. - The acquisition will allow Liaoning Shengfan to undertake the EPC (Engineering, Procurement, and Construction) business previously handled by Qilin New Energy Co., Ltd., thus streamlining operations [3]. Group 3: Strategic Implications - The acquisition is expected to significantly enhance the business synergy within the new energy industry chain, allowing for better control over project development and construction costs [4]. - By integrating resources, the company aims to improve project execution efficiency and reduce project operation cycles, ultimately increasing project return levels [4]. - The acquisition will also help avoid large related party transactions in the future, aligning with the company's commitment to transparency and operational integrity [3].