Zhong Guo Qi Che Bao Wang·2026-02-11 09:57Group 1 - The core point of the article is that Yongtai Technology plans to acquire the remaining 25% stake in Yongtai High-tech from CATL, making Yongtai High-tech a wholly-owned subsidiary, with CATL becoming a shareholder of Yongtai Technology [1][2]. - The transaction will be executed through a share issuance and the raising of supporting funds, with final pricing and share lock-up terms to be determined in the formal agreement [3]. - Yongtai Technology currently holds 75% of Yongtai High-tech, which specializes in key lithium battery materials such as lithium hexafluorophosphate and lithium bis(fluorosulfonyl)imide [2]. Group 2 - Yongtai Technology has a vertically integrated industrial chain covering lithium salts, additives, and electrolytes, with leading production capacities in solid lithium hexafluorophosphate (18,000 tons/year), liquid LiFSI (67,000 tons/year), and electrolytes (150,000 tons/year) [4]. - The company expects a significant reduction in net losses in 2025, projecting a loss of 25.6 million to 48.6 million yuan, compared to a loss of 478 million yuan in the previous year, driven by increased demand in the new energy vehicle and energy storage sectors [4]. - The investment by CATL is part of its strategy to deepen its lithium battery supply chain, having previously invested in various material companies to enhance supply chain security and cost advantages [4].