携手关联方5.1亿收购黑龙江民爆企业 高争民爆产能将提高140% |速读公告

Core Viewpoint - Gaozheng Minbao is acquiring 100% equity of Heilongjiang Overseas Minbao for 510 million yuan to enhance production capacity in key regions, with a significant valuation increase of 831.80% [1] Group 1: Acquisition Details - The acquisition involves a total payment of 510 million yuan, with Gaozheng Minbao contributing 341.7 million yuan for 67% equity and the associated party contributing 168.3 million yuan for the remaining 33% [1] - The acquisition will allow Gaozheng Minbao to gain control over Overseas Minbao, which will be included in the company's consolidated financial statements [1] - The transaction has been approved by the company's board, with related directors abstaining from voting, and will be submitted for shareholder approval [1] Group 2: Financial Performance and Projections - Overseas Minbao has a production capacity of 31,000 tons of industrial explosives and is projected to generate 148 million yuan in revenue and 40.17 million yuan in net profit in 2024, with a 15.59% increase in net profit for the first ten months of 2025 [2] - Gaozheng Minbao's revenue for the first three quarters of this year was 1.26 billion yuan, a year-on-year increase of 7.53%, with a net profit growth of 13.68% [2] - The company anticipates achieving 1.81 billion yuan in revenue and 210 million yuan in total profit for the year 2025 [2] Group 3: Industry Context - The acquisition aligns with the "14th Five-Year" plan for the safe development of the civil explosive industry, which encourages leading enterprises to restructure and optimize industry layout [2] - The production and sales value of explosives in the Tibet region is expected to grow significantly, with increases of 38.67% and 37.34% respectively from January to November 2025 [3] - Major companies in the Tibet region with explosive production capabilities include Gaozheng Minbao and others [3]