（文章来源：第一财经） 工业和信息化部等五部门近日联合印发《钢铁行业稳增长工作方案（2025—2026年）》。其中提出，稳 定原燃料供给。加快国内重点铁矿项目开工投产、扩能扩产。支持合规矿企正常生产，避免行业整顿措 施"一刀切"。加大铁矿石、炼焦煤等原燃料保供稳价力度，支持钢铁企业与炼焦煤、焦化企业签订长期 协议。鼓励进口优质炼焦煤资源、优质再生钢铁资源。在废钢铁资源集中区域，开展废钢铁回收－加工 －配送－冶炼一体化基地建设。 ...

Group 1 - The company plans to acquire a 43.05% stake in Loudi Jinhong New Materials Co., Ltd. for 48.6249 million yuan and will also increase its capital by 30 million yuan, resulting in a total investment of 78.6249 million yuan [1][2][8] - After the acquisition and capital increase, the company will hold a 55% stake in the target company, gaining control and consolidating it into its financial statements [1][2][8] - The target company's valuation is set at 113.1297 million yuan, with the acquisition price being slightly lower at 112.9539 million yuan [2][7] Group 2 - The target company, Loudi Jinhong New Materials Co., Ltd., specializes in the recycling and reuse of waste power batteries, particularly in the new energy sector [4][5] - The company aims to extend its business into the circular economy sector, aligning with national policies and market demands for battery recycling [12][13] - The acquisition is expected to enhance the company's revenue and profit margins while optimizing its business structure [12][13] Group 3 - The transaction will be financed entirely through the company's own funds, with sufficient liquidity available for the payment [13] - The target company has a stable customer base and holds qualifications that provide tax incentives, which will help reduce operational costs [12][13] - The company has set performance commitments for the target company, including annual revenue targets of no less than 250 million yuan from the acquisition date until the end of 2028 [10][11]

Core Insights - The report released by the China Material Recycling Association indicates that the recycling industry in China is expected to continue expanding in 2024, with a total recycling volume reaching 401 million tons, representing a year-on-year growth of 6.5% [1] - The total recycling value is projected to reach 1.33 trillion yuan, with waste steel remaining the most recycled material, accounting for over 60% of the total [1] - The successful implementation of the "old-for-new" policy for consumer goods has significantly increased the recycling volumes of discarded electrical and electronic products as well as scrapped vehicles [1] - The report highlights that the recycling system in China is becoming increasingly refined, driven by policy incentives and technological innovations, and the industry is moving towards standardization, scaling, and intensification [1]