Core Viewpoint - Ningbo Fangzheng plans to acquire a 20% stake in Anhui Fangzheng New Energy Technology Co., Ltd., increasing its ownership to 90.03%, as part of its strategic entry into the lithium battery structural components sector [1][3]. Financial Summary - As of September 30, 2025, Anhui Fangzheng's total assets are 6.22 billion, with a net asset of 2.18 billion. For the first three quarters of 2024, the company reported a revenue of 2.06 billion but incurred a net loss of 1.35 billion [5][6]. - The total liabilities for Anhui Fangzheng as of September 30, 2025, are 4.04 billion, indicating a significant increase from 2.88 billion as of December 31, 2024 [2]. Acquisition Details - Prior to the acquisition, Ningbo Fangzheng held a 70.03% stake in Anhui Fangzheng with a subscribed capital of 1.87 billion. Post-acquisition, the subscribed capital will increase to 2.40 billion, raising the stake to 90.03% [3][4]. - The acquisition price for the 20% stake is set at 638 million, with an assessed value of Anhui Fangzheng's total equity at 3.24 billion, reflecting a 48.88% increase in value [6]. Strategic Implications - The acquisition is a strategic move to enhance Ningbo Fangzheng's position in the new energy sector and to strengthen its control over Anhui Fangzheng [7]. - The company aims to leverage its investments in the lithium battery sector to drive growth, with a focus on integrating its operations in the new energy industry [8]. Industry Expansion - Ningbo Fangzheng is also expanding into the humanoid robotics sector, collaborating with companies like Ningbo Huaxiang Qiyuan Technology and Shandong Future Robotics, and has begun supplying components for humanoid robots [9].
9个月亏1300万元的子公司，宁波方正为何还花超6000万元溢价增持其股权？