Enter the lithium battery separator field: Fspg Hi-Tech (000973.SZ) intends to acquire 100% of Jinli shares and will resume trading from November 15th.

Fspg Hi-Tech (000973.SZ) disclosed the plan for issuing shares and paying cash to purchase assets, as well as raising matching funds and related party transactions. The company plans to purchase 100% of the shares of Jinli held by 108 transaction parties including Yuan Haizhao and Huahao Century through issuing shares and paying cash, and raise matching funds by issuing shares to the controlling shareholder Guangxin Group. The issuance price for purchasing assets with shares is 3.84 yuan per share, and the issuance price for raising matching funds is 3.84 yuan per share. The announcement stated that the target company focuses on research, production, and sales of lithium battery wet process separators, and is in the same field of polymer film materials as the listed company. Through this transaction, the listed company will acquire controlling rights of the target company, which will help the listed company to enter the field of lithium battery separators, enrich its product layout in the new energy sector, and further establish itself as a leading enterprise in high-polymer functional film materials focusing on strategic emerging industries. It will also share research results with the target company, promote technological integration, enhance the R&D capabilities and technical accumulation of the listed company in various aspects such as raw material formulations, production processes, and production line design in the field of high-polymer films, improving the core competitiveness of the listed company's products. Additionally, through the integration of business resources and supply chains, using lithium battery separators as a breakthrough, it will open up development space in the new energy sector, expand opportunities in the new energy sector industry, and enhance the influence of the listed company in the field of new energy batteries. Furthermore, the company will resume trading from November 15, 2024 (Friday).