中原环保拟1.33亿元接盘“亏损”资产，图什么？

Core Viewpoint - Zhongyuan Environmental plans to acquire 100% equity of Zhengzhou Gewo Environmental Development Co., Ltd. for 133 million yuan, which is considered a related party transaction due to the seller being an indirect controlling shareholder of Zhongyuan Environmental [2][3]. Group 1: Acquisition Details - The acquisition is aimed at completing the environmental business chain, absorbing professional technical resources, and deepening the integration of regional state-owned assets [3]. - The equity of Gewo Environmental was publicly listed for sale on December 25, 2025, with an assessed value of 133 million yuan based on the asset-based method [3]. - The transaction will be completed through cash payment and will not involve issuing shares, thus not changing the existing shareholding structure [3]. Group 2: Financial Performance of Gewo Environmental - Gewo Environmental experienced a significant decline in revenue and incurred losses in the first three quarters of 2025, with revenue of only 11,300 yuan and a net loss of 58,960 yuan [3][4]. - In 2024, Gewo Environmental reported revenue of 61.55 million yuan and a net profit of 7.44 million yuan, indicating a sharp downturn in 2025 [3][4]. Group 3: Strategic Implications - The acquisition is expected to enhance Zhongyuan Environmental's capabilities in sludge treatment, leveraging Gewo Environmental's 33 valid patents and 18 software copyrights [5][6]. - Gewo Environmental has developed a comprehensive technology system for sludge treatment, which could synergize with Zhongyuan Environmental's existing wastewater treatment operations [6].