Core Viewpoint - Yuanli Co., Ltd. plans to expand its international business through the acquisition of a 49% stake in Clarimex, aiming to enhance its market position in the global activated carbon industry [1][2]. Group 1: Acquisition Details - Yuanli's wholly-owned subsidiary intends to acquire the 49% stake in Clarimex for $2,556,000 (approximately RMB 181 million) [1]. - The acquisition is part of Yuanli's strategy to penetrate the American market and solidify its leadership in the global wood-based activated carbon sector [1][2]. - Clarimex is a significant client for Yuanli in Mexico and is integral to Norit's global activated carbon operations [2]. Group 2: Financial Performance - In 2024, Clarimex is projected to generate revenue of RMB 385 million and a net profit of RMB 35.36 million [2]. - For the first eight months of 2025, Clarimex's revenue is expected to be RMB 288 million, with a net profit of RMB 21.25 million [2]. - Yuanli's activated carbon business achieved revenue of RMB 739 million in the first half of 2025, marking an 8.45% year-on-year increase [4]. Group 3: Market Position and Production Capacity - Yuanli is the largest and most comprehensive wood-based activated carbon producer in China, with an annual production capacity exceeding 140,000 tons [4]. - The company has a strong presence in various regions, including North America, Europe, and Asia, and has maintained its leading position in production, sales, and exports for several consecutive years [4]. - As of the third quarter of 2025, Yuanli's total revenue reached RMB 1.408 billion, with a slight year-on-year increase of 0.82% [4]. Group 4: Financial Health - As of the end of the third quarter of 2025, Yuanli's debt-to-asset ratio stood at 17.38%, with cash reserves of RMB 269 million [5]. - The company is also diversifying its product offerings by producing sodium silicate and silica, which are expected to be key growth areas in the future [5].