明起停牌！600319，重大资产重组

Core Viewpoint - Yaxing Chemical plans to acquire control of Tianyi Chemical through a combination of share issuance and cash payment, which is expected to constitute a major asset restructuring and related party transaction [2][10]. Group 1: Acquisition Details - Yaxing Chemical signed an investment cooperation intention agreement with Shandong Tianyi Holding Group to purchase its shares in Tianyi Chemical, aiming to gain control of the company [7]. - Tianyi Chemical has 24 shareholders, with the controlling shareholder, Tianyi Holding, holding 56.36% of the shares [8][9]. - The final transaction price will be determined based on an evaluation report from a qualified assessment agency [7]. Group 2: Financial Performance - Yaxing Chemical's main business has been under pressure, with a continuous decline in net profit since 2022, recording a loss of 97.03 million yuan in 2024 [10]. - In contrast, Tianyi Chemical, a leader in the brominated flame retardant sector, reported a revenue of 1.638 billion yuan and a net profit of 240 million yuan in 2021, with expectations to achieve over 1.9 billion yuan in sales in 2024 [10][12]. Group 3: Strategic Importance - The acquisition is seen as a strategic move for Yaxing Chemical to address its weak main business and seek new growth points, as brominated flame retardants have high technical barriers and market potential [10]. - If the acquisition is successful, it could significantly improve Yaxing Chemical's profitability and enhance its market position in the specialty chemicals sector [10][13].