Core Viewpoint - Tianhua New Energy plans to acquire 75% equity of Suzhou Tianhua Times from its actual controller for approximately 1.254 billion yuan, amid declining profits and a recent loss in the first half of the year [1][3]. Group 1: Acquisition Details - The acquisition involves purchasing 75% of Suzhou Tianhua Times, which reported zero revenue and a net profit of 86.437 million yuan in the first half of the year [1][2]. - The transaction is classified as a related party transaction and does not constitute a major asset restructuring [1][2]. - The valuation of 100% equity of Suzhou Tianhua Times is approximately 1.672 billion yuan as of June 30, 2025, with the agreed price for the 75% stake being 1.254 billion yuan [1][2]. Group 2: Financial Performance - Tianhua New Energy's net profit has declined for two consecutive years, with a reported loss of approximately 156 million yuan in the first half of 2025 [3][4]. - The company's revenue for the first half of 2025 was approximately 3.458 billion yuan, a decrease of 6.88% year-on-year [3][4]. - The main business segment, lithium battery materials, generated approximately 3.046 billion yuan in revenue, down 8.14% year-on-year, with a gross margin of 2.49%, a decline of 15.42% from the previous year [4]. Group 3: Company Background - Tianhua New Energy was established in 2014 and focuses on the research, production, and sales of new energy lithium battery materials, anti-static ultra-clean technology products, and medical device products [3]. - The company is controlled by Pei Zhenhua and Rong Jianfen, with Pei holding a 23.69% stake and Ningde Times holding 0.59% of the company's shares [3].
天华新能拟购实控人旗下资产