安徽皖维高新材料股份有限公司关于协议受让安徽皖维可降解膜材料有限公司70%股权暨关联交易的公告

Core Viewpoint - Anhui Wanwei High-tech Materials Co., Ltd. plans to acquire 70% equity of Anhui Wanwei Biodegradable Film Materials Co., Ltd. from its controlling shareholder, Wanwei Group, for a total consideration of RMB 25.2985 million, based on assessed market value and additional capital contributions made by Wanwei Group [2][7][14]. Summary by Sections Transaction Overview - The transaction involves the acquisition of 70% equity in the biodegradable film materials company, which has a registered capital of RMB 35 million, with Wanwei Group holding 70% [4]. - The acquisition price is based on an asset valuation report, with the assessed value of the target assets being RMB 9.9785 million, reflecting a 2.95% increase from the book value [7][14]. Strategic Importance - This acquisition is seen as a strategic move to accelerate the company's entry into the PVA water-soluble film market, addressing high technical barriers and enhancing product development capabilities [5][6]. - The biodegradable film materials company has established a market presence with products that are already being used by major clients, which will help the company quickly leverage existing customer resources post-acquisition [6][7]. Financial and Operational Impact - The transaction is expected to enhance the company's profitability and risk management capabilities, aligning with national environmental policies and market trends towards biodegradable materials [7][20]. - The acquisition will not lead to significant changes in the company's main business or adversely affect its financial status [20]. Approval and Compliance - The transaction has been approved by the company's board of directors, with related parties abstaining from voting, and does not require shareholder approval due to its size [3][9][21]. - The transaction complies with relevant regulations and does not involve any conflicts of interest or competitive issues [20][21].