Group 1 - The core point of the announcement is that Longbai Group's wholly-owned subsidiary, Henan Baili Lian New Materials Co., Ltd., plans to introduce strategic investors and implement capital increase and share expansion to enhance its capital strength and optimize its financial structure [1][2][3] Group 2 - Henan Baili Lian New Materials has an annual production capacity of 400,000 tons of chloride titanium dioxide, making it the largest single-site production base in China [1] - The company aims to strengthen its competitive position in the chloride titanium dioxide industry through this capital increase [1][32] Group 3 - The total equity of Henan Baili Lian New Materials as of June 30, 2025, was approximately 412.75 million yuan, with a pre-investment valuation of 437.04 million yuan [2][19] - The strategic investors will collectively invest 200 million yuan, acquiring a 31.40% stake in the company post-investment [2][21] Group 4 - The strategic investors include several financial asset management companies, none of which are related parties to Longbai Group [3][20] - The capital raised will primarily be used to repay bank loans [2][21] Group 5 - The investment will not change the consolidation scope of Longbai Group's financial statements and is expected to have no adverse impact on the company's financial and operational status [32] - The introduction of strategic investors aligns with national policy directions and the company's development goals [32]
龙佰集团股份有限公司 关于子公司引入战略投资者暨实施增资扩股的公告