Core Viewpoint - The acquisition of a 51% stake in North China Plastics by Conch (Anhui) Energy-saving and Environmental Protection New Materials Co., Ltd. is a strategic move to diversify its business and address growth challenges in the PVC industry [1][2] Group 1: Acquisition Details - Conch New Materials plans to acquire North China Plastics for 95.27 million yuan, making it a subsidiary and consolidating it into the company's financial statements [1] - The acquisition reflects the company's strategy to transition from traditional PVC products to high-value polymer materials, addressing the current industry bottleneck [1][2] Group 2: Industry Context - The PVC industry is experiencing a bottleneck, with domestic inventory at 1.3005 million tons, a 1.11% increase month-on-month, and social inventory at 953,700 tons, a 2.03% increase [1] - Conch New Materials reported a revenue of 2.401 billion yuan for the first half of 2025, a 9.70% year-on-year decline, and a net loss of 28.9982 million yuan [1] Group 3: Strategic Benefits - North China Plastics specializes in high polymer low-noise rollers and modified ultra-high molecular weight polyethylene products, which complement Conch's downstream market [1] - The combination of North China Plastics' R&D capabilities and Conch's production technology can help overcome barriers to high-end products and reduce reliance on traditional PVC [2] - The acquisition is expected to create new profit growth points for Conch New Materials and alleviate losses in its main business [2] Group 4: Valuation Insights - As of July 31, 2025, the total equity value of North China Plastics was assessed at 187 million yuan, with an appraisal increment of 48.2577 million yuan, resulting in a 34.83% increase [2] - The valuation includes 5 authorized invention patents and 31 utility model patents, with a technology-related intangible asset appraisal increment of 16 million yuan [2]

华北塑料主要生产经营高分子低噪音托辊、改性超高分子量聚乙烯管材管件等系列产品。托辊是用于输 送带、输送链等输送设备上的重要部件,主要是为皮带机生产厂商提供配套产品，其主要功能是支撑输 送带,减少输送带在运行过程中的摩擦阻力，提高输送效率，保证输送设备的高效稳定运行。 格隆汇9月29日丨海螺新材(000619.SZ)公布，为加快公司转型发展，经过前期调研论证，公司于2025年 9月28日召开了第十届董事会第二十二次会议，审议通过了《关于收购河南省华北工业塑料有限公司 51%股权的议案》，同意公司收购王好占及王艳敏分别持有的华北塑料11%、40%股权（合计51%股 权）。交易价格以2025年7月31日为评估基准日，以具有证券、期货相关业务资格的安徽中联国信资产 评估有限责任公司出具的评估报告（皖中联国信评报字（2025）第235号）为依据，并经协商一致后确 认华北塑料51%股权交易对价为9,526.80万元，最终价格根据双方管理权移交时资产负债盘点确认的账 面价值与评估基准日账面价值的差额进行调整。本次收购资金为公司自有资金及银行借款，本次收购完 成后，公司将持有华北塑料51%股权，华北塑料将成为公司控股子公司， ...

人民财讯9月29日电，海螺新材（000619）9月29日公告，公司拟收购河南省华北工业塑料有限公司(简 称"华北塑料")51%股权，交易价格9526.80万元，本次收购完成后，公司将持有华北塑料51%股权，华 北塑料将成为公司控股子公司，纳入公司合并报表范围。华北塑料主要生产经营高分子低噪音托辊、改 性超高分子量聚乙烯管材管件等系列产品。公司与华北塑料同属塑料制品行业，产业关联度高，易于实 现产业整合与协同发展。 ...