Shanghai Welltech Automation Co.,Ltd. (002058.SZ) has unveiled plans to purchase a 51% controlling stake in Zijiang New Materials through a cash transaction valued at 546 million yuan. The agreement involves acquiring 30.2983 million shares from multiple entities including Zijiang Enterprise, Changjiang Chendao, CATL, Huiyou Chuangjia, Jiaocheng SAIC, Junmin Ronghe, and 25 individual shareholders. Upon completion, Welltech will become the controlling shareholder of Zijiang New Materials.
Zijiang New Materials specializes in developing, manufacturing, and selling aluminum-plastic films for soft-pack lithium batteries used in power storage systems and 3C digital devices. With extensive technical expertise accumulated over years, the company maintains robust partnerships with leading battery manufacturers like ATL, BYD, Sunwoda, Penghui Energy, and Xinneng'an, earning significant market recognition and industry credibility.
This strategic acquisition positions Zijiang New Materials as a subsidiary of the listed company, enabling Welltech to enter the high-growth lithium battery materials sector. The move optimizes Welltech's business portfolio and accelerates its transition toward advanced manufacturing capabilities.
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