QHHD(SH:600243) Zheng Quan Shi Bao Wang·2025-07-29 12:05Core Viewpoint - *ST Haihua is actively expanding its presence in the natural gas industry through acquisitions, aiming to enhance profitability and future growth potential by leveraging strategic locations and market opportunities [1][2][3]. Group 1: Acquisition Details - The company’s subsidiary, Mangya Yuanxin, plans to acquire 100% of Lixin Ding Sheng for 43 million yuan, focusing on the favorable development prospects of the natural gas industry [1]. - Mangya Yuanxin also intends to acquire 51% of Qiyuan Industrial for 422.11 thousand yuan, similarly based on the promising outlook of the natural gas sector [2]. - Both acquisitions are linked to the same legal representative, indicating a related party transaction [3]. Group 2: Business Operations and Location Advantages - Lixin Ding Sheng operates CNG and LNG refueling services and is strategically located on a major highway in Xinjiang, enhancing its market potential [1]. - Qiyuan Industrial is also involved in CNG and LNG operations, situated in a key area that connects multiple regions, further emphasizing its logistical advantages [3]. - The acquisitions are expected to increase the number of LNG and CNG refueling stations, thereby boosting revenue and profitability for Mangya Yuanxin [3]. Group 3: Financial Performance and Future Outlook - The company anticipates a net loss of approximately 210 thousand yuan for the first half of 2025, although this represents a reduction in losses compared to the previous year [4]. - The decline in profitability is attributed to increased market competition and high costs associated with new product trials in the gear business [4]. - The company plans to enhance its market expansion efforts and optimize costs to improve operational efficiency moving forward [4].