Chuanneng Power: 51%of Dingsheng Lithium Industry has included it into the company's merger statement

Cover reporter Liu Xuqiang

On July 7, a post -market announcement of Chuanneng Power disclosed the latest progress of 46.5%of the equity acquisition of Dingsheng Lithium, and it also announced that it officially included the lithium ore producer into his Majesty.

According to Chuanneng Power's previous disclosure, the company intends to acquire Sichuan Neng Investment, Sichuan Neng Capital and Chengdu Sichuan Shangxingneng Equity Investment Fund Center (limited partnership) ("Sichuan Commercial Fund") for the total of 1.24 billion yuan) for 1.24 billion yuan. 46.5%equity. After the acquisition is completed, the company will hold 72%of Dingsheng Lithium Industry, and Dingsheng Lithium Industry has become the company's holding subsidiary.

The announcement on July 7 showed that on June 28, Sichuan's power signed an equity transfer agreement with Sichuan Neng Investment and Sichuan Neng Capital, respectively, and acquired a total of 25.5%equity of Dingsheng Lithium industry held for 68.785 million yuan. After the completion of this acquisition, the company holds 51%of the equity of Dingsheng Lithium, incorporating Dingsheng Lithium into the scope of the merger statement. In addition, on July 6, Dingsheng Lithium completed the registration and filing procedures for the change of the shareholders.

In addition, Chuan Neng's motivation explained that as of July 7, the company has not signed a transfer agreement for the 21%equity part of the Sichuan Merchants Fund, and will be disclosed in time to disclose the progress of the acquisition in a timely manner.

According to public information, Dingsheng Lithium Industry is called Sichuan Energy Investment Dingsheng Lithium Industry Co., Ltd., located in Ganmei Industrial Park, Dongpo District, Meishan City, Sichuan Province. It is a basic lithium salt production company. The production, sales and research and development of lithium salt products. From January to May this year, Ding Sheng Lithium Industry realized net profit of 49.1662 million yuan.

Chuan Neng's motivation said that this transaction is a specific measure for the landing of the lithium battery industry, which is in line with the company's new energy development plan, helps to improve the upstream supporting industry of lithium batteries, and at the same time help expand the company's business scope and improve continuous operating capabilities. However, the company also reminded that Chengdu Xingneng New Materials and Snowle Mining are currently in the bankruptcy procedure. Subsequent equity households and industrial and commercial changes may have no progress as expected.

As of the closing of July 7, Sichuan's power rose 2.35%to 24 yuan/share, with a market value of 35.42 billion yuan.

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