On October 19, Xiexin Technologies announced that it intends to acquire about 81.91% of its controlling stake in Sichuan Xiexin Lithium Electricity Technology Co., Ltd. from the controlling shareholder Xiexin Group at a price not less than HK $1.3 per share, with an initial consideration of about 2.5 billion yuan. At the same time
, Xiexin Group made a performance commitment that the total adjusted net profit in 2027-2028 would not be less than 620 million yuan, and that the 6th generation of lithium iron phosphate with a compaction density of more than 2.8g/cm ³ would be launched by the end of 2028.
At present, Xiexin Lithium Power 150000 tons Renshou Base is in full production and operation, and has received more than one million tons of long-term orders locked in by head customers such as Ningde Times , superimposed on the 200000 tons of production capacity of Leshan Base of Xiexin Science and Technology, after the completion of this integration, the total production capacity of cathode materials will reach 350000 tons. It will further reduce the company's cyclical dependence on silicon business, accelerate the construction of "silicon-based + lithium-based + carbon-based" multi-business platform, and create a new performance growth engine.
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