Workflow
并购重组周报(2025、06、16-2025、06、21)-20250623
Great Wall Securities·2025-06-23 03:56

Group 1: Mergers and Acquisitions Overview - During the period from June 16 to June 21, 2025, two listed companies announced new mergers and acquisitions, namely Zhongyan Chemical and Konggang Co., involving two significant events in the basic chemical and real estate industries [1][7]. Group 2: Zhongyan Chemical - Zhongyan Chemical is primarily engaged in the production of basic chemical products such as soda ash, caustic soda, PVC, and resin, as well as fine chemical products like sodium metal and sodium chlorate [2][7]. - The company has secured resources from the Jilantai Salt Lake in Inner Mongolia and part of the Kekor Salt Lake in Qinghai, ensuring a stable supply of raw materials for its salt chemical industry [2][7]. - On June 16, Zhongyan Chemical, through its joint venture Zhongyan Alkali Industry, successfully acquired mining rights for natural soda in the Daqintala area of Tongliao City for 6.80866 billion yuan, with a resource reserve of 1.447 billion tons, the largest proven reserve in the country [2][7]. - Following the acquisition, Zhongyan Chemical will fully control Zhongyan Alkali Industry, which was initially a joint venture with PetroChina Taihu Investment [2][7]. Group 3: Konggang Co. - Konggang Co. operates in the airport economic zone, focusing on park development, which includes industrial real estate development, construction engineering, and property leasing and management [3][8]. - The company plans to sell 80% of its subsidiary, Beijing Tianyuan Construction Engineering Co., to its controlling shareholder, Beijing Konggang Economic Development Co., for cash, which will help improve its asset quality and enhance sustainable operational capacity [3][8]. - This transaction is expected to lower the company's asset-liability ratio and optimize its asset structure, without affecting the ownership structure [3][8].