Core Viewpoint - The company Yuyuan New Materials plans to transfer its lithium sulfide business assets through a property exchange, citing strategic misalignment and management experience concerns in large-scale chemical production [2][3]. Group 1: Business Strategy - Yuyuan New Materials' subsidiary, Yuyuan Rare Earth New Materials Co., Ltd., intends to transfer lithium sulfide business assets, including patents and proprietary technologies, with a minimum listing price of 109.54 million yuan [2]. - The decision to divest is based on the company's main business focus and development strategy, which does not involve lithium sulfide and related areas [3]. Group 2: Product Development - Lithium sulfide materials, developed independently by Yuyuan Rare Earth, are primarily used as raw materials for producing sulfide solid electrolytes and have achieved small-scale sales [3]. - The production technology for solid electrolyte lithium sulfide includes high-purity lithium sulfide synthesis methods and equipment, which are solely owned by Yuyuan Rare Earth [3]. Group 3: Industry Context - Yuyuan New Materials operates in several strategic new material fields, including high-purity metal targets and advanced rare earth materials, catering to emerging industries such as information technology and high-end equipment manufacturing [4].