FSPG(SZ:000973)2026-03-05 12:39Group 1: Company Overview - Foshan Fospower Technology Group Co., Ltd. has completed the acquisition of 100% equity in Hebei Jinli New Energy Technology Co., Ltd. as of January 21, 2026 [1] - The company issued 1,490,813,595 shares on February 12, 2026, to facilitate this acquisition [1] Group 2: Integration Strategy - The integration plan for Jinli New Energy focuses on maintaining its operational independence while aligning with the company's strategic development [2] - The company aims to leverage its platform advantages to support Jinli New Energy in expanding its business scale and improving operational performance [2] - The management structure of Jinli New Energy will remain stable, with oversight from the parent company's board and management to mitigate internal control risks [2] Group 3: Industry Outlook - The lithium battery separator market is expected to grow significantly due to government policy support and global energy transition, with stable growth in the consumer battery sector [2] - The separator industry is projected to enter a steady development phase, with increasing shipment volumes driven by rapid downstream demand [2] Group 4: Market Position and Product Advantages - Jinli New Energy is expected to achieve a market share of 63% in the ultra-thin high-strength separator segment by 2024 [3] - The company ranks second in the Chinese wet separator market and leads in the shipment volume of 5μm wet separators [3] - Jinli New Energy has established stable partnerships with major domestic battery manufacturers, enhancing its market recognition [3][4] Group 5: Future Development Plans - The company plans to focus on three strategic cores: deepening industry layout, enhancing innovation capabilities, and optimizing operational efficiency [5] - The acquisition of Jinli New Energy adds a new business segment in lithium battery separators to the company's existing portfolio [5]