Keda Industrial Group (600499.SH) plans to acquire a 6.82% equity stake in Fujian Keda New Energy for 168 million yuan.

Keda Industrial Group (600499.SH) announced that, in order to advance its lithium battery materials business development strategy, improve the operating efficiency of its lithium battery materials segment, and achieve effective resource allocation, the company plans to use its own funds to acquire a total of 6.82% equity in its controlling subsidiary Fujian Keda New Energy Technology Co., Ltd. ("Fujian Keda New Energy") held by three minority shareholders: Chongqing Haitong Fenghe Energy Storage Industry Private Equity Fund Partnership (Limited Partnership), Xiamen ITG Group Corp., Ltd. Industrial Development Equity Investment Fund Partnership (Limited Partnership), and Gongqingcheng Shoujiantou Fenghe No. 1 Venture Capital Partnership (Limited Partnership). The total transaction amount is RMB 168 million. This transaction is an arrangement made by the company based on the medium- and long-term development strategy of its lithium battery materials business, and is an important measure to optimize the shareholder structure and enhance control over core assets; by acquiring the equity of minority shareholders of Fujian Keda New Energy, the company can further increase its shareholding ratio, strengthen its leadership in strategy and resource allocation, and thereby improve operating efficiency.