Zhitong Finance App News, Remote Shares (002692.SZ) announced that the company plans to form a consortium with Lianyungang Lianxing Investment Fund Partnership (Limited Partnership) (hereinafter referred to as “Lianxing Investment”) and use self-financing to acquire shares in Zhongfu Carbon Core Cable Technology Co., Ltd. (hereinafter referred to as “Zhongfu Carbon Core” and the “Target Company”) in cash. Among them, the company plans to invest no more than RMB 500 million, and bid for no less than 40% of the shares in Zhongfu Carbon Core. After the transaction is completed, Zhongfu Carbon Core will be included in the scope of the company's consolidated statement.
Zhongfu Carbon Core is an important domestic enterprise in the field of pultruded carbon fiber composites. It is mainly engaged in R&D, production and sales of composite pultruded sheets, carbon fiber composite core wires, various special wires and high-end pultruded composite products. The products are widely used in power transmission, wind power blades, bridge construction, construction machinery, etc., and have supported mainstream wind power blade manufacturers or machine manufacturers such as Sany Heavy Energy, Mingyang Intelligence, and Sinoma Technology. It has benefited from the continuous development of the wind power industry and has good market prospects.
After the acquisition is completed, Zhongfu Carbon Core will be included in the scope of listed companies' consolidated statements. The target company has a large business scale and good profitability. The acquisition is conducive to increasing the asset size, business volume and overall profit level of the listed company. It is in line with the company's long-term development strategy, and helps enhance the company's ability to operate continuously and the level of shareholder return.