BNMC(SH:601011) Shang Hai Zheng Quan Bao·2025-12-01 18:43Core Viewpoint - The company, Baotailong New Materials Co., Ltd., is acquiring a 2.8258% stake in its subsidiary, Shuangyashan Baotailong Investment Co., Ltd., from Beijing Cuishi Investment Center (Limited Partnership) for RMB 15 million, which will result in the company holding 100% ownership of the subsidiary [2][6][8]. Transaction Overview - The acquisition is aimed at optimizing the company's industrial layout and integrating its assets [2][8]. - The transaction does not constitute a related party transaction or a major asset restructuring as defined by regulations [2][8]. - No board or shareholder approval is required for this transaction [3][8]. Transaction Details - The stake being acquired is valued at its original investment amount of RMB 15 million [5][8]. - The payment will be made from the company's own funds and is to be completed within seven working days after the registration of the share transfer [2][8]. Counterparty Information - The transferor, Beijing Cuishi Investment Center (Limited Partnership), was established on November 23, 2011, and has a registered capital of RMB 10 million [3][4]. - The major shareholder of Beijing Cuishi is Cao Rihui, holding 90% of the shares [4]. Target Company Information - The target company, Shuangyashan Baotailong Investment Co., Ltd., was established on January 19, 2012, with a registered capital of RMB 530.82 million [6]. - The company primarily engages in investment and management of coal, coal chemical, and building materials projects [6]. Impact of the Transaction - The acquisition will enhance the company's asset integration and will not adversely affect its operational cash flow or financial status [8]. - The transaction is expected to maintain the company's independence and protect the interests of all shareholders, particularly minority shareholders [8].