Asia-Potash(SZ:000893) Xin Lang Cai Jing·2026-01-18 02:29Group 1 - The company held its 24th meeting of the 8th Board of Directors on January 13, 2026, approving the election of the 9th non-independent and independent directors, which indicates a smooth transition in management and further optimization of the governance structure [1] - Shareholders Huineng Group and Zhongnong Group nominated candidates for the 9th Board of Directors, with Huineng Group becoming the largest shareholder with a 14.05% stake after acquiring 46.2026 million shares from Zhongnong Group [1] - The election confirms the changes in the company's equity structure and promotes a stable transition in management [1] Group 2 - The company signed a strategic cooperation framework agreement with Zhongnong Holdings, a subsidiary of its major shareholder Zhongnong Group, to enhance shareholder empowerment [2] - Under the agreement, Zhongnong Holdings will handle at least 50% of the company's potassium fertilizer import trade annually, ensuring a stable sales channel and increasing market share in China [2] - The expected daily related transactions with Zhongnong Group and its subsidiaries for 2026 are projected to not exceed 3.12 billion RMB [2] Group 3 - The company forecasts net profits attributable to shareholders of 1.85 billion, 2.85 billion, and 3.55 billion RMB for 2025-2027, representing year-on-year growth of 94.8%, 53.8%, and 24.7% respectively [3] - Based on the closing price on January 13, the corresponding price-to-earnings ratios (PE) are projected to be 25, 16, and 13 times [3] - The company maintains a "recommended" rating based on these projections [3]