Core Insights - Shenzhen Securities Regulatory Bureau has recognized 11 typical cases of mergers and acquisitions, with Zhongjin Lingnan's acquisition of Foshan Precision being highlighted as a successful example, reflecting the regulatory body's high regard for the quality and effectiveness of Zhongjin Lingnan's M&A activities [1] - Zhongjin Lingnan, under the control of Guangsheng Holdings Group, has been implementing the Guangdong provincial government's "1310" initiative and focusing on developing new productive forces, particularly in enhancing mineral resource reserves and upgrading traditional mining and smelting enterprises [1] - The acquisition of Foshan Precision, the largest producer of bimetallic materials in China, marks a significant leap into the new materials sector, allowing Zhongjin Lingnan to complement its existing production capacity and become a leading enterprise in the high-end metal composite materials industry [1] Financial Performance - Following the acquisition, Zhongjin Lingnan has transitioned from traditional mineral extraction to high-end new materials manufacturing, establishing a full industry chain layout from mining to smelting to new materials [2] - The market share and competitiveness in the metal composite materials segment have significantly increased, with the company achieving the number one position in the domestic market for bimetallic materials and enhancing its global competitiveness [2] - For the fiscal year 2023-2024, Zhongjin Technology's revenue is projected to rise from 1.077 billion to 2.042 billion yuan, representing a year-on-year growth of 89.60%, while net profit is expected to increase from 46 million to 80 million yuan, marking a growth rate of 73.91% [2] Strategic Focus - Zhongjin Lingnan will continue to adhere to the FAITH management philosophy, emphasizing the importance of the real economy and manufacturing, while focusing on upstream and downstream mergers and acquisitions in mineral resources and new materials [2] - The company aims to cultivate and strengthen new productive forces, accelerating the development of a modern industrial system that is self-controlled, safe, reliable, and competitive, contributing to Guangsheng Holdings Group's vision of becoming a world-class enterprise with dreams, responsibilities, and contributions [2]
中金岭南收购佛山精密股权入选深圳证监局辖区上市公司并购重组典型案例