智通财经网·2026-02-11 12:00Core Viewpoint - The company has entered into a share transfer agreement for the acquisition of shares in Zhejiang Jihua, which will enhance its market presence in the coatings and chemicals industry and positively impact its market capitalization in both A-share and global markets [1][3]. Group 1: Acquisition Details - Junheng Limited Partnership has conditionally agreed to purchase shares from Hangzhou Jinhui and Mr. Shao, with a total purchase price of RMB 1.4945 billion [1]. - The shares being sold amount to 202 million shares, representing 29.89% of Zhejiang Jihua's issued share capital, with Hangzhou Jinhui selling 196 million shares and Mr. Shao selling 6.3087 million shares [1]. Group 2: Partnership Structure - Junheng Limited Partnership was established with Shenzhen Qise as the general partner (40% contribution) and Hongzun Limited Partnership as the limited partner (60% contribution), with a total capital contribution of RMB 700 million [1][2]. - The partnership structure allows for risk sharing among partners, reducing the financial burden on the company as the sole investor in the acquisition [2]. Group 3: Risk Isolation and Financing - The establishment of Junheng Limited Partnership serves to isolate risks associated with specific assets, ensuring that the liabilities do not affect the company or its affiliates [2]. - Junheng Limited Partnership can act as an independent financing platform, potentially lowering financing costs compared to direct financing by the company [3]. Group 4: Market Impact - The acquisition is based on the confidence in Zhejiang Jihua's intrinsic value and future prospects, aiming to gain control over the company and expand market share in the coatings and chemicals sector [3]. - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from February 12, 2026 [4].