Shanghai Putailai New Energy Technology Co., Ltd., Fujian Lufeng Xinneng Equity Investment Partnership Enterprise (Limited Partnership), Fujian Pingtan Tongying Equity Investment Partnership Enterprise (Limited Partnership) and Jiaxing Jiayuan Equity Investment Partnership Enterprise signed share purchase agreement to acquire 54.5% in Sichuan Indigo Material Technology Group Co., Ltd. from seller for approximately CNY 190.8 million.
May 10, 2021
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Shanghai Putailai New Energy Technology Co., Ltd. (SHSE:603659), Fujian Lufeng Xinneng Equity Investment Partnership Enterprise (Limited Partnership), Fujian Pingtan Tongying Equity Investment Partnership Enterprise (Limited Partnership) and Jiaxing Jiayuan Equity Investment Partnership Enterprise signed share purchase agreement to acquire 54.5% in Sichuan Indigo Material Technology Group Co., Ltd. from Jiangsu Yuanyu Electronic Investment Group Co., Ltd. and Huaying Kaitai Technology (Shenzhen) Co., Ltd. for approximately CNY 190.8 million on May 10, 2021. Jiangsu Yuanyu will transfer 39% stake in Sichuan Indigo Material Technology Group Co., Ltd. to Shanghai Putailai New Energy Technology Co., Ltd. (SHSE:603659) for CNY 136.50 million, Jiangsu Yuanyu will transfer 3.5% stake to Fujian Lufeng Xinneng Equity Investment Partnership Enterprise (Limited Partnership) for CNY12.25 million, Huaying Kaitai will transfer 1% stake in Sichuan Indigo Material Technology Group Co., Ltd. to Lufeng Xinneng for CNY3.50 million. The transfer price is CNY7.29 per share. After the acquisition and capital increase, Jiangsu Yuanyu Electronic Investment Group Co., Ltd. holds 13% stake, Huaying Kaitai Technology (Shenzhen) Co., Ltd. holds 12% stake, Changzhou Juren holds 10%, Shanghai Putailai New Energy Technology Co., Ltd. (SHSE:603659) holds 26% stake, Fujian Lufeng Xinneng Equity Investment Partnership Enterprise (Limited Partnership) holds 3% stake. As of December 31, 2020, Sichuan Indigo Material Technology Group Co., Ltd. recorded total assets of CNY 243 million, net assets of CNY 213.5 million, revenues of CNY 110.9 million and net profit of CNY 16.2 million. On May 10, 2021, Shanghai Putailai New Energy Technology Co., Ltd. (SHSE:603659) the Board of Directors approved the deal.
Shanghai Putailai New Energy Technology Co., Ltd. is a China-based company principally engaged in the research, development, production and sale of new energy lithium-ion battery materials and process equipment. The Company's main products include lithium-ion battery anode materials, automatic coating machines, coated diaphragms, aluminum-plastic packaging films and nano-alumina. The Company distributes its products in domestic market and to overseas markets.
Shanghai Putailai New Energy Technology Co., Ltd., Fujian Lufeng Xinneng Equity Investment Partnership Enterprise (Limited Partnership), Fujian Pingtan Tongying Equity Investment Partnership Enterprise (Limited Partnership) and Jiaxing Jiayuan Equity Investment Partnership Enterprise signed share purchase agreement to acquire 54.5% in Sichuan Indigo Material Technology Group Co., Ltd. from seller for approximately CNY 190.8 million.
SHANGHAI PUTAILAI NEW ENERGY TECHNOLOGY CO.,LTD. 
