See also that listed companies have come to the New Third Board to “buy, buy, buy”. This time, the shot can be described as generous, 2.7 billion won a new three-board lithium battery company Zhuoneng shares (836483).

On September 28, Zhuoneng issued an announcement that Kane plans to issue shares to all shareholders of the company except Kane shares and pay cash to purchase 97.86% of the shares of Zhuoneng. The transaction consideration is 2.722 billion yuan; at the same time, it is proposed to raise supporting funds for non-public offering of shares to no more than 10 (including 10) specific objects, and the total amount of supporting funds raised shall not exceed 1.702 billion yuan.

The announcement shows that Cain shares originally held 2.14% of Zhuoneng shares. After the acquisition, Cain shares will hold 100% of Zhuoneng shares to complete the wholly-owned acquisition. .

It is reported that Zhuoneng’s main business is the R&D, production and sales of ternary lithium-ion batteries. The main products include 18650 cylindrical lithium-ion batteries and battery packs. According to product technology The indicators are different and can be applied to consumer electronics, electric vehicles and other fields. The downstream of Zhuoneng's automotive power lithium-ion battery is the new energy automobile industry.

As of June 30, 2017, Zhuoneng’s total assets were 1.564 billion yuan, total liabilities were 1.185 billion yuan, and total owners’ equity was 379 million yuan. In terms of financial data, Zhuoneng's operating income in 2015, 2016, and the first half of 2017 were 855 million yuan, 1.025 billion yuan, and 668 million yuan, respectively, and the corresponding net profits were 37.814 million yuan, 36.862 million yuan and 41.558 million yuan respectively. Yuan.

The main business of the acquirer, Kane shares, is the research and development, production and sales of specialty papers. Its products cover specialty papers such as industrial supporting paper, specialty food packaging paper, and filter paper. In 2015, 2016, and the first half of 2017, operating income was 893 million yuan, 943 million yuan, and 468 million yuan; net profits were 19.3 million yuan, 8.69 million yuan, and 21.84 million yuan.

It is not difficult to see that Zhuoneng, which is under the vent of lithium batteries, has shown rapid growth in performance in recent years, while Cain, which operates the specialty paper business, has fluctuated greatly in recent years.

In this acquisition, Kane intends to rely on its original main business to seek new business growth points and realize the two-wheel drive development of specialty paper manufacturing business and lithium battery business; and Zhuo Energy shares can use the reputation and influence of Kane shares to help the company expand its customer resources and enhance the company's market influence in the lithium battery industry. The two parties will complement each other in the use of funds, improve the efficiency of capital use, reduce the cost of capital use, increase the profitability of both parties, and enhance their comprehensive competitiveness.

In addition, Zhuoneng’s commitment in the acquisition of shares, 2017, 2018, 2019, 2020, the company’s net profit attributable to the owners of the parent company (deducting non-recurring Whichever is lower before and after the profit and loss) shall not be less than 140 million yuan, 200 million yuan, 240 million yuan, and 280 million yuan respectively.