物产环能: 浙江物产环保能源股份有限公司2025年第四次临时股东大会会议材料

Core Viewpoint - Zhejiang Material Environmental Energy Co., Ltd. plans to acquire 100% equity of Huzhou South Taihu Power Technology Co., Ltd. for RMB 145.73 million to enhance its market share in the cogeneration sector and strengthen its leading position in the energy industry [5][6][22]. Group 1: Meeting Details - The shareholders' meeting will be held on August 1, 2025, at 14:30 in Hangzhou, combining on-site and online voting [1]. - The agenda includes the review of the acquisition proposal and the election of vote counters and monitors [1][3]. Group 2: Acquisition Proposal - The acquisition aims to capitalize on the opportunities presented by the dual carbon strategy and to consolidate the company's industry-leading position [5][22]. - The target company, Huzhou South Taihu Power Technology Co., Ltd., is a mature enterprise in the cogeneration sector, providing centralized heating services [6][9]. Group 3: Financial Aspects - The assessed value of the target company's equity is RMB 153.205 million, with the final transaction price set at RMB 145.73 million after accounting for a cash dividend of RMB 7 million [6][18]. - The acquisition will be financed through self-raised funds, and the payment will be made in installments [6][19]. Group 4: Valuation Methodology - The valuation was conducted using both asset-based and income approaches, with the income approach ultimately determining the equity value at RMB 153.205 million [13][18]. - The assessed value reflects a significant increase of 270.51% compared to the book value, indicating strong growth potential in the cogeneration sector [13][18]. Group 5: Impact on the Company - Post-acquisition, Huzhou South Taihu Power Technology will become a wholly-owned subsidiary, contributing to the company's energy business development and structural optimization [22][23]. - The transaction is expected to enhance the company's competitive advantage and core capabilities, laying a solid foundation for sustainable high-quality development [22].