元力股份拟全资收购同晟新材料

Core Viewpoint - Fujian Yuanli Activated Carbon Co., Ltd. plans to acquire 100% equity of Fujian Tongsheng New Materials Technology Co., Ltd. for 470.7 million yuan to enhance its silica (white carbon black) business and create industrial chain synergy [1] Group 1: Acquisition Details - The acquisition will make Tongsheng New Materials a wholly-owned subsidiary of Yuanli, helping to reduce existing related-party transactions and avoid potential competition [1] - Yuanli has engaged in regular related-party transactions with Tongsheng, selling sodium silicate worth 5.119 million yuan in 2023 and 12.3536 million yuan in 2024 [1] - The integration is expected to save 8% to 12% in external sales costs and taxes [1] Group 2: Business Strategy - Tongsheng focuses on precipitated silica, while Yuanli produces silica through a carbonate method, indicating potential competition that will be resolved through the acquisition [1] - The acquisition aims to quickly fill gaps in Yuanli's silica business and create synergy with its existing activated carbon and sodium silicate operations, establishing a "tripod" development structure [1]