Xin'an Group acquires Jincan Technology to accelerate the layout of new energy tracks

Recently, Xin'an Group and Sinosteel Thermal Energy Jincan New Energy Technology (Huzhou) Co.
, Ltd.
(hereinafter referred to as Jincan Technology) held an investment cooperation signing ceremony
in Xin'an Building.

According to the announcement of Xinan Group, the company intends to acquire 100% of the equity and assets
of Jincan Technology.
Xin'an Group intends to acquire 55% of the equity of Jincan Technology and the corresponding assets held by eight shareholders including Hu Bo through its wholly-owned subsidiary Zhejiang Kaiyuan New Materials Co.
, Ltd.
, and determine the 55% equity and asset transfer price of 192.
5 million yuan
.

It is reported that Jincan Technology specializes in the research and development, production and sales of lithium-ion battery anode materials, the main products include artificial graphite, natural graphite and silicon-oxygen anode materials, which are used in power batteries, consumer batteries and energy storage batteries and other fields
.
Jincan Technology will cooperate efficiently with Xinan Group in the field of silicon-based and phosphorus-based cathode and anode materials, and further enhance the company's comprehensive competitiveness
in the field of cathode and anode materials.

This acquisition will help Xin'an Group accelerate the strategic layout of the new energy track.
Expand the application, research and development and industrialization capabilities of anode materials, accelerate the integration, scale and differentiation of anode materials, and give full play to the original silicon-based and phosphorus-based industrial foundation and advantages, effectively promoting the transformation of the company's development pattern from "two-wheel drive" to "three-legged"
.

The picture shows the signing site
.