Core Viewpoint - Greeenme's strategy to address global trade changes involves equity restructuring and forming alliances to mitigate geopolitical risks [2][5][6]. Group 1: Company Strategy - Greeenme's wholly-owned subsidiary in Indonesia, Qingmei Energy, will initiate a capital increase to attract strategic investors, which may lead to the company losing control over Qingmei Energy [2][5]. - The company aims to bind interests together in an alliance to respond to geopolitical influences, ensuring that all investments in Indonesia undergo strict political scrutiny [2][6]. Group 2: Market Position and Financials - Greeenme's battery materials are its largest revenue source, with projected sales of 189,000 tons of ternary precursor materials in 2024, generating revenue of 16.075 billion yuan, capturing 15% of the global market share [4]. - The nickel resource price has doubled since 2020, significantly impacting Greeenme's core business profitability [3]. Group 3: Investment and Resource Integration - The capital increase will involve local Indonesian nickel miners, downstream battery customers, and international investors, with Greeenme's stake in Qingmei Energy dropping from 100% to 29.59% [5][7]. - Qingmei Energy will gain 12,630 tons per year of nickel resource MHP product rights, valued at approximately $109.26 million, which will enhance its operational capacity [7]. Group 4: Operational Challenges - Greeenme's gross margin was 12.48% in the first half of 2025, indicating historical lows, with revenue and profit under pressure due to temporary production halts from adverse weather conditions [9].

目标公司PT INDONESIA QINGMEI ENERGY MATERIALS成立于2023年11月，注册资本9939.94万美元，主营业务为有色基本金属制造业、电池制造业，截 至2025年6月30日（未经审计），总资产37.89亿元、净资产7.23亿元，2025年1-6月实现营收1.24亿元、净利润1707.88万元。 增资前，GEM江苏持有目标公司99.10%股权（认缴出资9850万美元），NEW HORIZON持有0.90%股权（认缴出资89.94万美元）。增资完成后，目标公司 注册资本增至33595.94万美元，股权结构多元化：永恒绿洲持股32.52%（10926万美元）、GEM江苏持股29.32%（9850万美元）、MDK持股11.16%（3750 万美元）、BDH持股8.93%（3000万美元），蔚蓝锂芯以2000万美元出资持股5.95%，其余投资方持股比例在0.30%-2.98%之间。 目标公司已建成年产2万金属吨硫酸镍晶体、3600金属吨硫酸钴晶体和5万吨高镍三元前驱体产线。本次增资将整合永恒绿洲、MDK、格林特所持有的12630 金属吨/年镍资源MHP产品权益（其中永恒绿洲9105金属吨 ...