Group 1 - The company Jinshi Resources plans to acquire a 15.71% stake in Noah Fluorochemical for a cash consideration of 257 million yuan, making it the second-largest shareholder with a stake only 0.14% less than the largest shareholder [1] - The acquisition is subject to obtaining waivers from other shareholders holding 48.27% of Noah Fluorochemical's shares, and the company has already secured waivers from shareholders holding 51.73% of the shares [1] - The transaction aims to leverage Jinshi Resources' upstream fluorite mining and basic fluorochemical products to expand into the high-growth fine fluorochemical sector, aligning with its strategic direction of vertical integration in the fluorochemical industry [2] Group 2 - Noah Fluorochemical specializes in the research, manufacturing, and sales of fluorinated electronic chemicals, with key products including fluorinated cooling liquids and fluorinated ethers, which have gained significant market presence [2] - The company has established a production capacity of 5,000 tons of fluorinated liquids and is recognized for its unique advantages in product purification and testing technology [2] - Jinshi Resources, as a leading enterprise in the fluorite industry, is strategically extending its business into fine fluorochemical products, enhancing its value chain and industry integration [2]

Core Viewpoint - The company Jinshi Resources (603505.SH) plans to acquire a 15.7147% stake in Zhejiang Nuoya Fluorochemical Co., Ltd. for a cash consideration of 257 million yuan, positioning itself as the second-largest shareholder in the company [1] Group 1: Investment Details - The total registered and paid-in capital of the target company is 13.106 million yuan [1] - After the transaction, the company will hold a 15.7147% stake, with a difference of only 0.1415% from the largest shareholder [1] Group 2: Strategic Intent - The investment aims to leverage the company's core advantages in upstream fluorite mining and basic fluorochemical products to enter the high-growth potential fine fluorochemical sector [1] - This move aligns with the company's "resource + technology" dual-driven strategy and the strategic direction of vertically integrating fine fluorochemical operations [1] - The acquisition is seen as a significant step for the company, enhancing its strategic extension into downstream fine fluorochemicals and deepening its value chain integration and industry consolidation [1]