LSHEC(SH:603169)2023-11-23 10:21Group 1: Acquisition Overview - The company acquired 100% of the equity of Superalloy Company from Lanzhou Lanshi Group for a total transaction price of 703 million CNY [4] - The acquisition aims to enhance the company's new energy equipment and new materials business, facilitating a strategic transformation from traditional energy equipment manufacturing to new energy equipment manufacturing [4] - The transaction is expected to improve the company's profitability and core competitiveness while reducing related party transactions [4] Group 2: Financial Commitments - Lanzhou Lanshi Group has made performance commitments for Superalloy Company, ensuring a cumulative net profit of no less than 156.82 million CNY for the years 2023 to 2026 [4] Group 3: Superalloy Company's Business and Capabilities - Superalloy Company specializes in the R&D, production, and sales of superalloys, titanium alloys, and special steel products, with a strong technical foundation and production capacity [4][5] - The company has an annual production capacity of 80,000 tons of special steel and 50,000 tons of special materials, focusing on customized development and mass production [4] - Superalloy Company has established strategic partnerships with leading research institutions and enterprises, enhancing its R&D capabilities and market position [5] Group 4: Market Opportunities - The acquisition is expected to open broader market opportunities in the new energy sector, particularly in the development of nickel-based alloys and special stainless steels [5] - The company aims to leverage its enhanced raw material supply capabilities to improve bargaining power and develop new materials as a primary business [5]