Zhejiang Jiemei Electronic And Technology (002859)2025-01-17 06:16Group 1: Acquisition Overview - Zhejiang Jiemai Technology Co., Ltd. acquired control of Zhejiang Rouzhen Technology Co., Ltd. through a share transfer agreement with original shareholders, with a total acquisition cost of 30 million RMB, corresponding to a 56.8334% equity stake [2][3] - The acquisition does not constitute a related party transaction or a major asset restructuring as per regulations, thus no board or shareholder approval is required [2][3] Group 2: Production Capacity and Expansion Plans - Rouzhen Technology currently operates 3 production lines for composite aluminum foil with a monthly capacity of 300,000 to 400,000 square meters, and 1 production line for composite copper foil with a capacity of 200,000 to 300,000 square meters [3][4] - Plans for 2025 include adding 7 new production lines for composite aluminum foil and 4 for composite copper foil, with a total of 20 lines for aluminum foil and 15 for copper foil by 2026, aiming for an annual capacity of 72 million to 96 million square meters for aluminum foil and 36 million to 54 million square meters for copper foil [3][4] Group 3: Product Applications and Market Strategy - Rouzhen Technology's main products include composite aluminum foil, composite copper foil, and carbon-coated composite aluminum foil, primarily serving the consumer lithium battery, power battery, and energy storage battery markets [4] - The company has established deep cooperation with numerous battery clients and aims to accelerate market expansion and large-scale application of new products [4] Group 4: Company Support and Industry Outlook - The company plans to support Rouzhen Technology by enhancing communication with downstream clients and leveraging its resources to facilitate capacity expansion and product sales growth [4][5] - The current industry outlook remains stable, with anticipated growth driven by new energy, smart manufacturing, 5G commercialization, and AI applications, prompting the company to maintain moderate production expansion to meet downstream demand [5]