东方材料(603110.SH)拟投资第一元素并设立合资公司

Core Viewpoint - The company, Dongfang Materials (603110.SH), plans to invest RMB 18 million in Suzhou First Element Nanotechnology Co., Ltd. through a convertible bond agreement, which will convert into equity upon meeting specified conditions [1] Investment Details - The investment will be formalized through a Special Investment Agreement with First Element, and the company will also enter into a Capital Contribution and Shareholder Agreement to establish a joint venture with a registered capital of RMB 100 million [1] - The company's contribution will be RMB 30 million, representing a 30% ownership stake, while First Element will contribute RMB 40 million for a 40% stake, and two individuals, Zhou Qihua and Chen Yun, will each contribute RMB 15 million for 15% stakes [1] Strategic Rationale - This investment aims to upgrade and transform the company's existing fine chemical business, leveraging its accumulated process technology advantages and industry knowledge to create a new platform for high-tech and high-value-added new material products [1] - The initiative aligns with the company's long-term planning and the interests of all shareholders [1]