Zheng Quan Zhi Xing·2025-07-23 18:14Core Viewpoint - The article discusses the major asset restructuring of Zhongyan Inner Mongolia Chemical Co., Ltd. and the potential dilution of immediate returns due to the acquisition of a natural soda ash project, along with the measures the company plans to implement to mitigate this risk [1][2]. Group 1: Immediate Return Dilution Analysis - The acquisition will allow the company to control a natural soda ash project, which is currently in the construction phase, posing a risk of short-term declines in earnings per share and return on equity [1]. - The future profitability of the acquired company may be influenced by various unknown factors, including macroeconomic conditions, industry trends, and competitive environment, leading to further risks of immediate return dilution [1]. Group 2: Measures to Mitigate Return Dilution - The company plans to leverage its strengths to accelerate the development of the natural soda ash resources and enhance project management to convert resources into economic benefits as soon as possible [2]. - The company aims to improve internal management and operational efficiency, implementing comprehensive cost control measures across all business processes to enhance profitability [2]. - A robust corporate governance structure is in place, ensuring effective operation of the board and management, with clear responsibilities among departments to support sustainable development [2]. Group 3: Commitments from Stakeholders - The controlling shareholder and actual controller have committed to exercising shareholder rights in accordance with relevant laws and regulations, ensuring no interference in the company's management [3][4]. - All directors and senior management have pledged to diligently fulfill their responsibilities and maintain the legitimate rights of the company and its shareholders [4]. Group 4: Independent Financial Advisor's Opinion - The independent financial advisor has verified that the proposed measures to compensate for immediate return dilution and the commitments from stakeholders align with national policies aimed at protecting the rights of small and medium investors [4].