方大炭素斥资3.19亿元收购关联方物流企业，公司2025年扣非净利润预亏

Company Dynamics - Fangda Carbon intends to invest 319.19 million yuan to acquire 100% equity of Tianjin Tongda Huanyu Logistics Co., Ltd., a logistics company under an affiliated party, which was established less than six months ago [2] - The acquisition price is set at 31,918.70 thousand yuan, and since Tianjin Tongda is controlled by Fangda Group's major shareholder, this transaction is classified as a related party transaction [2] - Tianjin Tongda is located in Dongli District, Tianjin, covering an area of 294,300 square meters with a building area of 71,900 square meters, primarily storing bulk products for the Beijing-Tianjin-Hebei region and Tianjin Port [2] Strategic Rationale - The acquisition aims to optimize inventory management and enhance the efficiency and stability of logistics control across the company and its subsidiaries, thereby improving risk resistance and reducing storage and logistics costs [3] - The assets acquired include facilities for storage, transportation, and information systems, which will help reduce the time and costs associated with building these capabilities from scratch [3] Financial Performance - Fangda Carbon's net profit has been declining since 2023, with forecasts indicating a significant loss of over 100 million yuan in 2025 [3][4] - The company's net profits for 2022, 2023, and 2024 were 840 million yuan, 416 million yuan, and 186 million yuan, respectively, with a projected net profit for 2025 ranging from 60 million to 101 million yuan, representing a year-on-year decrease of 45.85% to 67.51% [4] - The anticipated loss in 2025 is attributed to a decline in sales prices of the company's main products [4] Leadership Changes - The former chairman, Ma Zhuo, resigned due to work adjustments, and Zhang Tianjun has been elected as the new chairman and legal representative of the company [5]