辽宁首富退出杉杉集团重整

Core Viewpoint - Fangda Carbon New Material Technology Co., Ltd. has announced the termination of its participation in the substantive merger reorganization of the Shanshan Group and its wholly-owned subsidiaries, citing insufficient due diligence and risk assessment as key reasons for the decision [1][4][5]. Group 1: Company Actions and Decisions - The company submitted registration materials, paid a due diligence deposit of 50 million yuan, signed a confidentiality agreement, and conducted due diligence, but found the process too short to make a reasonable valuation of the target assets [4]. - After careful consideration, the company decided to withdraw from the reorganization to protect the interests of the listed company and its investors [5]. - The termination of the reorganization will not adversely affect the company's production operations or financial status [6]. Group 2: Market Context and Competitors - Shanshan Group's main business includes lithium battery anode materials and polarizers, which are competitive in the global market [5]. - The reorganization attracted 12 groups of potential investors, with over 20 companies involved, including notable firms like China Baoan, Tianqi Lithium, TCL Technology, and JD.com [6]. - Among the final bidders, only the China Baoan-led consortium remains as a publicly listed company, while other bidders include various joint ventures involving TCL Technology and BOE Technology Group [6].