Core Viewpoint - Xue Tian Salt Industry is seeking new growth points through cross-industry investments, recently acquiring a 41% stake in Hunan Meter New Material Technology Co., Ltd., increasing its ownership from 20% to 61% to gain control over the company [1][2]. Group 1: Acquisition Details - The acquisition of Meter New Material was formalized with a share transfer agreement, with a transaction value of 261 million yuan [2]. - Xue Tian Salt Industry aims to enhance its new energy industry chain, improve profitability, and increase market competitiveness through this acquisition [2][3]. - The company previously acquired a 20% stake in Meter New Material for 114 million yuan in November 2022, indicating a strategic long-term relationship [2]. Group 2: Financial Performance - Meter New Material's performance is closely tied to the price fluctuations of lithium cobalt oxide, which saw a rebound from approximately 140,000 yuan/ton in early 2025 to nearly 350,000 yuan/ton by November [3]. - Projected revenues for Meter New Material are 629 million yuan in 2024 and 640 million yuan in the first three quarters of 2025, with net profits of 3.6 million yuan and 35.6 million yuan respectively [3]. - The company is also developing sodium battery materials, having sold ton-level products in the first half of 2025, although this segment is still in the R&D phase and not yet mass-produced [3]. Group 3: Industry Context - Xue Tian Salt Industry's revenue has been declining, with reported revenues of 6.262 billion yuan and 5.392 billion yuan for 2023 and 2024, respectively, marking declines of 2.77% and 13.9% year-on-year [4]. - The company's net profit has also decreased significantly, with a drop of 90.37% in the first three quarters of 2025 compared to the previous year [4]. - The main products of Xue Tian Salt Industry include various types of salt and chemical products, with soda ash being a significant contributor to revenue, which has been adversely affected by falling prices [4][5]. Group 4: Challenges and Strategic Insights - The acquisition of Meter New Material aligns with Xue Tian Salt Industry's strategy to leverage its existing resources and chemical production technology to enter the new energy sector [5]. - However, the company faces challenges such as rapid technological changes in sodium battery technology, intense market competition, and the need for ongoing R&D investment [5].

Group 1 - Xue Tian Salt Industry is seeking new growth points through cross-industry investments, having signed an agreement to acquire a 41% stake in Hunan Meter New Material Technology Co., Ltd., increasing its ownership from 20% to 61% [2][3] - The acquisition aims to enhance the company's new energy industry chain layout, improve profitability, and increase market competitiveness amid declining performance [2][3] - The acquisition price is set at 261 million yuan, with the funding sourced from self-owned or raised funds [3] Group 2 - Meter New Material's performance is closely tied to the price of lithium cobalt oxide, which saw a rebound from approximately 140,000 yuan/ton in early 2025 to nearly 350,000 yuan/ton by November [4] - In 2024, Meter New Material achieved revenue of 629 million yuan and a net profit of 3.6 million yuan, with revenue of 640 million yuan and a net profit of 35.6 million yuan in the first three quarters of 2025 [4] - The company is also developing sodium battery materials, but this business is still in the research and development stage and has not yet achieved mass production [5] Group 3 - Xue Tian Salt Industry's performance has been declining, with revenues of 6.262 billion yuan and 5.392 billion yuan in 2023 and 2024, respectively, representing year-on-year declines of 2.77% and 13.9% [6] - The company's net profit dropped significantly, with a decline of 57.13% in 2024, resulting in a net profit of 304 million yuan [6] - The main business of Xue Tian Salt Industry includes the production and sale of salt and chemical products, with soda ash being a significant contributor to revenue, accounting for nearly 30% [6] Group 4 - The price of soda ash has been in a downward trend since early 2024, with light soda ash prices dropping by 45.23% and heavy soda ash by 43.3% [7] - The industry is facing an imbalance in supply and demand, with prices continuing to decline into 2025 [7] - The acquisition of Meter New Material aligns with Xue Tian Salt Industry's strategy to expand into the new energy sector, leveraging its existing resources and chemical production technology [7]

Core Viewpoint - Xue Tian Salt Industry is seeking new growth points through cross-industry investments, recently acquiring a 41% stake in Hunan Meter New Materials Technology Co., Ltd., increasing its ownership to 61% and becoming the controlling shareholder [1][3]. Group 1: Acquisition Details - The acquisition price for Meter New Materials is 261 million yuan, with the payment to be made in installments from self-owned or self-raised funds [3]. - Xue Tian Salt previously held a 20% stake in Meter New Materials, acquired for 114 million yuan in November 2022, aimed at extending its soda ash industry chain [3]. - The acquisition is expected to enhance the company's main business revenue and profit scale, improving its competitiveness in the new energy sector [3]. Group 2: Financial Performance - Meter New Materials' performance is closely tied to the price of lithium cobalt oxide, which saw a rebound from approximately 140,000 yuan/ton in early 2025 to nearly 350,000 yuan/ton by November [4]. - Projected revenues for Meter New Materials are 629 million yuan in 2024 and 640 million yuan in the first three quarters of 2025, with net profits of 3.6 million yuan and 35.6 million yuan respectively [4]. - The company is also developing sodium-ion battery materials, but this segment is still in the research phase and has not yet achieved mass production [4]. Group 3: Industry Context - Xue Tian Salt's revenue has been declining, with reported revenues of 6.262 billion yuan and 5.392 billion yuan for 2023 and 2024, representing year-on-year declines of 2.77% and 13.9% respectively [5]. - The company's net profit for 2024 dropped significantly by 57.13% to 304 million yuan, with a further decline in 2025's first three quarters, where revenue fell by 21.99% to 3.244 billion yuan and net profit decreased by 90.37% to 32.6 million yuan [5]. - The main products of Xue Tian Salt include various types of salt and chemical products, with soda ash being a significant contributor to revenue, accounting for nearly 30% [5]. Group 4: Market Challenges - The price of soda ash has been in a downward trend since early 2024, with light soda ash prices dropping by 45.23% and heavy soda ash by 43.3% [6]. - The acquisition of Meter New Materials aligns with Xue Tian Salt's strategy to leverage its chemical production expertise and resources, but it faces challenges in technology, market competition, and management due to the rapid evolution of sodium-ion technology [6].

Core Viewpoint - The announcement from Xue Tian Salt Industry indicates a governance restructuring with the resignation of non-independent director Xu Qing and the election of Li Xue as a representative director from the employee assembly [1] Group 1: Resignation of Director - Xu Qing submitted a resignation report to the board due to the company's governance structure adjustment [1] - The resignation takes effect immediately upon delivery to the board, but Xu Qing will continue to hold other positions within the company [1] Group 2: Election of New Director - The company held an employee representative assembly on December 18, 2025, to elect Li Xue as a representative director [1] - Li Xue's term will last until the end of the current board's term [1]

Core Viewpoint - Xue Tian Salt Industry (600929) announced the election of Ms. Li Xue as the employee representative director of the company's fifth board of directors [1] Group 1 - The company has made a significant governance change by electing a new employee representative director [1]

Core Viewpoint - The announcement from Xue Tian Salt Industry (600929) regarding the resignation of non-independent director Xu Qing due to adjustments in the company's governance structure highlights ongoing changes within the company's leadership and governance [1] Group 1: Leadership Changes - Xu Qing submitted his resignation as a director and a member of the audit committee, effective immediately upon delivery to the board [1] - Despite his resignation from the board, Xu Qing will continue to serve as the head of the corporate management department [1] - The company will hold a representative assembly on December 18, 2025, to elect Li Xue as the employee representative director for the fifth board, with a term lasting until the end of the fifth board's tenure [1]

证券代码：600929 证券简称：雪天盐业 公告编号：2025-065 雪天盐业集团股份有限公司 关于董事辞任暨选举职工代表董事的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 雪天盐业集团股份有限公司（以下简称公司）董事会近日收到非 独立董事徐青女士提交的辞职报告，因公司治理结构调整，徐青女士 申请辞去公司第五届董事会非独立董事、董事会审计委员会委员职务。 该辞职报告自送达公司董事会之日起生效，徐青女士离任后将继续在 公司担任其他职务。 一、董事离任情况 （二）离任对公司的影响 特此公告。 雪天盐业集团股份有限公司董事会 2025 年 12 月 19 日 李雪女士简历 李雪，1974 年出生，中国国籍，无境外永久居留权，本科学历。 历任湖南省轻工盐业集团有限公司人力资源部主管，党群工作部副部 长(离退办党支部书记)，纪检党群部高级经理，党群工作部高级经理 (离退办党总支部书记)，企业离退办主任(副部长实职级)、工会副主 席，组织宣传部副部长、工会副主席，党群综合部副部长、工会副主 席(部长实职)，湖南盐业集团有限公司工 ...

Core Viewpoint - Xue Tian Salt Industry (600929.SH) announced the resignation of non-independent director Xu Qing due to adjustments in the company's governance structure, effective immediately upon submission of the resignation report [1] Group 1 - Xu Qing will continue to hold other positions within the company after her resignation from the fifth board of directors and the audit committee [1]

Core Viewpoint - The company announced the resignation of non-independent director Xu Qing due to adjustments in the corporate governance structure, effective immediately upon delivery of the resignation report to the board [1] Group 1 - Xu Qing will continue to serve as the head of the corporate management department after resigning from the board and the audit committee [1] - The company will hold a staff representative assembly on December 18, 2025, to elect Li Xue as a staff representative director for the fifth board, with a term lasting until the end of the fifth board's term [1]

北京商报讯（记者 郭秀娟 王悦彤） 12月17日，雪天盐业发布公告称，公司已正式签署收购湖南美特新 材料科技有限公司（以下简称"美特新材"）41%股权的《股权转让协议》，并完成工商变更登记手续。 收购对价为2.61亿元，雪天盐业现持有美特新材61%股权，成为其控股股东。股权转让价款将在工商变 更后分期支付，目前尚未支付，资金来源为自有或自筹资金。 ...