Snowsky Salt(SH:600929) Xi Niu Cai Jing·2025-12-05 13:10Group 1 - The core point of the article is that Xue Tian Salt Industry plans to acquire a 41% stake in Hunan Meite New Materials Technology Co., Ltd. for approximately 261 million yuan, which will increase its total ownership to 61% and make it the controlling shareholder of Meite New Materials [2][4] - The transaction is classified as a related party transaction and does not constitute a major asset restructuring [4] - Meite New Materials specializes in the production and sales of lithium cobalt oxide, with a designed capacity of 7,500 tons and a certified capacity of 5,500 tons [4] Group 2 - In 2024, Meite New Materials is projected to achieve a revenue of 629 million yuan and a net profit of 3.5974 million yuan, while in the first three quarters of 2025, it is expected to generate a revenue of 640 million yuan and a net profit of 35.6096 million yuan [4] - Xue Tian Salt Industry, established in 2011, is the first modern joint-stock enterprise in the national salt industry, focusing on salt and salt chemicals [4] - Xue Tian Salt Industry has faced significant performance pressure in recent years, with net profits declining by 7.86% and 57.13% in 2023 and 2024, respectively [4] Group 3 - To advance its strategic transformation, Xue Tian Salt Industry is enhancing its layout in the new energy sector, leveraging its salt chemical raw materials and basic chemical platform to support Meite New Materials [5] - Meite New Materials is expected to become an important platform for Xue Tian Salt Industry's sodium-ion battery and other new energy materials businesses, facilitating the company's extension into high-tech and high-value-added sectors [5]