Dinglong Group: Intends to acquire 70% of the equity of Shenzhen Haofei New Material Co., Ltd. for 630 million yuan.
Dinglong Corporation Announcement: In order to implement the company's strategic development goal of becoming an "innovative material platform-type enterprise" and strengthen its business layout and competitiveness in the new energy materials sector, the company plans to acquire 70% equity of Shenzhen Haofei New Materials Co., Ltd. through self-owned or self-raised funds of 630 million yuan, with a corresponding total valuation of 900 million yuan for the target company. After the completion of this transaction, the target company will become a controlling subsidiary of the company with a 70% stake, and will be included in the company's consolidated financial statements. This move marks the company's official entry into the lithium battery materials industry, represented by key functional process auxiliary materials such as lithium battery binders and dispersants.
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