宝武镁业控股股东拟5.92亿元受让股份 持股比将升至26.53%巩固控制权

Group 1 - The core point of the article is that Baowu Metal plans to increase its stake in Baowu Magnesium Industry, acquiring 49.5896 million shares at a price of 11.94 yuan per share, totaling approximately 5.92 billion yuan, which will raise its ownership from 21.53% to 26.53% [1] - Baowu Magnesium Industry, formerly known as Yunhai Metal, has undergone significant ownership changes, with Baowu Metal becoming the controlling shareholder after a capital increase in August 2023 [2][3] - Baowu Metal aims to strengthen its control over Baowu Magnesium Industry, positioning it as a platform for light metal industry under China Baowu [3] Group 2 - Baowu Magnesium Industry has a leading global market share in magnesium and strontium products, with a production capacity of 100,000 tons of raw magnesium and 200,000 tons of magnesium alloy [3] - The company has significant mineral resources, including 88.6425 million tons of limestone reserves and 1.3197813 billion tons held by its subsidiaries [3] - However, the company's performance has been declining due to falling magnesium prices, with projected revenues of 7.652 billion yuan and 8.983 billion yuan for 2023 and 2024, respectively, reflecting a year-on-year decrease of 15.96% and an increase of 17.39% [4] - Net profits are expected to drop significantly, with 3.06 billion yuan and 1.6 billion yuan for 2023 and 2024, showing a decrease of 49.82% and 47.91% year-on-year [4] - The first quarter of 2023 saw revenues of 2.033 billion yuan, a year-on-year increase of 9.08%, but net profit decreased by 53.58% [4]