Zhitong Finance App News, New Asia Manufacturing (002388.SZ) announced that the company plans to purchase 15.86% of Shanghai Qiyuan Gas Development Co., Ltd.'s shares and raise supporting capital by issuing shares and paying cash. At the same time, the company plans to acquire 51.27% of the shares of Shanghai Qiyuan Gas Development Co., Ltd. in cash. The cash purchase is independent of the current issuance of shares and payment of assets in cash, and is not a prerequisite for each other. As of the signing date of this plan, the audit and evaluation of the underlying assets has not been completed, and the specific transaction price of this transaction has not yet been determined. Trading of the company's shares will resume with the opening of the market on October 22, 2026.
The target company's products cover electronic bulk gases and electronic specialty gases, and belong to the electronic materials industry as lithium battery materials and adhesive products in the company's current business. After the transaction is completed, the company will add an electronic gas business segment to the existing business, which can enrich the company's existing electronic materials product line and bring new business growth points to the company.
At the same time, the company can rely on customer and channel resources accumulated in the electronic information industry chain to help target companies expand customers in the semiconductor field. The two sides seek to form market synergy in product development, supply and service support, and increase value delivery to customers and the industry. Through this transaction, the company will significantly enhance its overall competitiveness in the field of electronic materials, enhance its sustainable profitability and anti-cyclical ability, and meet the interests of all shareholders of the company.