Core Viewpoint - The company has terminated its acquisition of Luxembourg-based Circuit Foil due to additional restrictions imposed by the Luxembourg Ministry of Economy and is shifting its focus back to the domestic market by planning to acquire a controlling stake in Anhui Huiru Technology [2][3]. Group 1: Acquisition Details - The acquisition of Luxembourg Copper Foil was initially valued at €2.15 billion, with the adjusted purchase price set at €1.74 billion [2]. - The company aims to acquire at least 51% of Anhui Huiru Technology through cash purchase and capital increase to address its near-saturated production capacity [2][4]. - Anhui Huiru Technology has an annual production capacity of 20,000 tons of electrolytic copper foil, which will enhance the company's production capabilities post-acquisition [4]. Group 2: Company Background and Market Position - The company specializes in the research, production, and sales of various high-performance electrolytic copper foils, primarily used in lithium batteries and printed circuit boards [2]. - The company was previously recognized as a leader in the domestic electrolytic copper foil industry and aimed to develop high-end IT copper foil products as part of its long-term strategy [3]. - The Luxembourg Copper Foil was noted as a global leader in high-end IT copper foil, being the only non-Japanese company with core technology and mass production capabilities in this sector [3]. Group 3: Financial Implications - The company had launched a fundraising plan in September of the previous year, aiming to raise up to ¥19.3 billion for the acquisition of Luxembourg Copper Foil and other projects [4]. - Following the termination of the Luxembourg acquisition, the company has not disclosed any adjustments to its fundraising plan [4].
德福科技收购项目变更!
起点锂电·2026-01-12 10:58