On February 13, Shanghai Pret Composites Co.Ltd(002324) issued a suggestive announcement on planning major asset restructuring. In order to realize the strategic layout of the listed company and improve the sustainable profitability of the listed company, the company plans to restructure a new energy enterprise with cash and increase its capital in cash for the capacity improvement and business development of the target company. The sources of funds are the self owned funds of listed companies, M & A loans, etc. After the completion of this transaction, the target company will become the holding subsidiary of the listed company.
The announcement said that the target company is a new energy enterprise specializing in the R & D, production and sales of ternary lithium iron phosphate lithium-ion batteries and their systems. Its products are widely used in smart appliances, electric tools, communications, energy storage and other fields. The company has independent core intellectual property rights, rich new energy technology reserves and continuous R & D capabilities, and has more well-known customers all over the world.
With the consensus reached on the global "double carbon" goal, the development trend of the whole society towards clean energy is becoming increasingly clear, the new energy and energy storage market will maintain rapid development, and the market and customer demand will grow day by day.
It is understood that Shanghai Pret Composites Co.Ltd(002324) has a broad customer base in the field of high-end brand vehicles, and continues to deepen the market expansion and industrial layout in the fields of new energy vehicles and 5g new materials. This transaction will help to quickly improve the industrial layout of Listed Companies in the field of new energy, further support the capacity improvement of the target company through capital increase, promote the target company to grasp the industrial opportunities in the field of energy storage, promote the industrial cooperation between listed companies and target companies, and promote the high-quality development of listed companies.
The company said that the transaction is still in the planning stage, the transaction plan still needs further demonstration, communication and negotiation, and the necessary decision-making and approval procedures need to be performed in accordance with the provisions of relevant laws, regulations and the articles of association. Up to now, the company has not signed an intentional agreement with the counterparty on this transaction. According to the principle of "prudent suspension and phased disclosure", the trading of the company's shares will not be suspended, and the company will perform the obligation of information disclosure in time in stages according to the progress of relevant matters.
