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*ST威尔保壳进行时:跨界“追锂”,斥资5亿元收购紫江新材

Core Viewpoint - *ST Weir is attempting to transform its business by acquiring a 51% stake in Shanghai Zijiang New Materials Technology Co., Ltd. for 546 million yuan, aiming to enter the growing lithium battery materials industry after three consecutive years of losses [1][4][9] Group 1: Acquisition Details - The acquisition involves a cash payment to Zijiang Enterprises, Changjiang Chen Dao, and Ningde New Energy, with no issuance of new shares, thus not altering the company's equity structure [2] - The controlling shareholder of both *ST Weir and Zijiang Enterprises is Shen Wen, raising potential concerns about related party transactions [3] - The valuation of Zijiang New Materials was assessed at 1.1 billion yuan, reflecting a 105.61% increase in net asset value [3] Group 2: Financial Performance - *ST Weir has reported revenues of 148 million yuan, 157 million yuan, and 163 million yuan from 2022 to 2024, with corresponding net losses of 20.99 million yuan, 17.06 million yuan, and 17.24 million yuan [7] - The company expects a significant turnaround in the first half of 2025, projecting a net profit of 130 million to 165 million yuan, primarily due to the sale of its automation instrument assets [8] Group 3: Market Context - The lithium battery materials industry is experiencing growth driven by demand from the electric vehicle and energy storage markets, with Zijiang New Materials holding a 22.2% market share in aluminum-plastic film sales [4][9] - Zijiang New Materials has established stable partnerships with major battery manufacturers, but faces risks from high customer concentration, with the top five customers accounting for over 60% of revenue [5][6]