Xin Lang Cai Jing·2026-02-11 12:06Core Viewpoint - The company has entered into a share transfer agreement for the acquisition of a significant stake in Zhejiang Jihua, which is expected to enhance its market presence in the coatings and chemicals industry [1][3]. Group 1: Acquisition Details - Junheng Limited Partnership has conditionally agreed to purchase shares from Hangzhou Jinhui and Mr. Shao, involving a total of 202 million shares, representing 29.89% of Zhejiang Jihua's issued share capital [1]. - The purchase price for the shares is set at RMB 1.4945 billion [1]. - The partnership structure involves Shenzhen Qise as the general partner contributing 40% and Hongzun Limited Partnership as the limited partner contributing 60% of the total capital of RMB 700 million [1][2]. Group 2: Risk Management and Financing - The establishment of Junheng Limited Partnership allows for risk isolation, ensuring that the assets and liabilities are independent from the company and its affiliates, thus protecting the company's financial stability and shareholder interests [2]. - The partnership can serve as an independent financing platform, potentially lowering financing costs compared to direct financing by the company [3]. - The acquisition is based on the confidence in Zhejiang Jihua's intrinsic value and future prospects, which is expected to positively impact the company's market share and valuation in both A-share and global markets [3].