终止重组但依然是好朋友!建龙微纳终止重大资产重组 但与标的开启全面战略合作

Core Viewpoint - The acquisition plan of Jianlong Micro-Nano (SH688357) for Shanghai Hanxing Energy Technology Co., Ltd. has been terminated after five months of planning and negotiations, leading to a strategic partnership instead [2][3][4]. Acquisition Termination - Jianlong Micro-Nano signed a cooperation intention agreement with Hanxing Energy on June 24, aiming to acquire at least 51% of the latter's shares through cash payment [3]. - After multiple rounds of negotiations and due diligence, both parties concluded that the conditions for the asset restructuring were not mature enough to proceed [3][4]. - The termination of the acquisition does not impose any breach of contract liabilities on either party, and it is stated that the company's operations and financial status will not be adversely affected [4]. Strategic Cooperation - Despite the halted acquisition, Jianlong Micro-Nano and Hanxing Energy recognized significant business synergy potential during their interactions [5]. - The strategic intent behind the acquisition was to leverage Hanxing Energy's capabilities in the petrochemical industry, which would complement Jianlong Micro-Nano's strengths in molecular sieve material manufacturing and technology development [6]. - A comprehensive strategic partnership has been established, focusing on areas such as oil refining, petrochemicals, coal chemicals, new energy, and carbon capture [5][6]. Financial Performance - For the first three quarters of 2025, Jianlong Micro-Nano reported a revenue of 590 million yuan, a year-on-year increase of 4.34%, and a net profit attributable to shareholders of 72.73 million yuan, up 20.15% [7]. - The company experienced a significant net profit growth of 70.22% in the third quarter, indicating a strong recovery in profitability following industry adjustments [7]. - Jianlong Micro-Nano plans to continue pursuing its development strategy and seek further opportunities for resource integration and product diversification [7].