603271，重大资产重组

Core Viewpoint - Yongjie New Materials plans to acquire two assets from Aconic, which is expected to constitute a major asset restructuring [2][10]. Group 1: Acquisition Details - Yongjie New Materials intends to purchase 100% equity of Aconic (Qinhuangdao) Aluminum Co., Ltd. and 95% equity of Aconic (Kunshan) Aluminum Co., Ltd. [10] - The total preliminary transaction price is estimated to exceed 1.2 billion RMB, which includes loan repayment amounts and the value of the assets being acquired [14]. - The transaction price for the 95% equity of Aconic Kunshan is approximately 90.9 million USD, while the 100% equity of Aconic Qinhuangdao is about 88.9 million USD [11][12]. Group 2: Financial Position - As of the end of Q3 2025, Yongjie New Materials had a cash balance of 678 million RMB, indicating a need for self-funding and additional financing for the acquisition [14]. - The stock price of Yongjie New Materials was reported at 42.85 RMB per share, with a market capitalization of 8.429 billion RMB [6][7]. Group 3: Strategic Cooperation - A strategic cooperation agreement has been signed between Yongjie New Materials and Aconic, focusing on global supply chain collaboration, technological cooperation, and talent exchange [5][18]. - The collaboration aims to accelerate the research and application of high-performance aluminum alloy materials in advanced fields such as new energy and artificial intelligence [18]. Group 4: Performance Risks - There are performance risks associated with the acquired assets, as Aconic Qinhuangdao is projected to incur losses in 2024, with net profits of -94.35 million RMB, while Aconic Kunshan is expected to have net profits of 88.66 million RMB in the same year [19][21].