On June 27, Jilin Chemical Fiber announced that it intends to acquire 36,104.7 thousand yuan to acquire Jilin Jinggong 18, and has signed a "strategic cooperation agreement" with Jinggong (Shaoxing) Composite Materials Co., Ltd., which will be in carbon fiber and its composite materials. Strategic cooperation.
It is planned to acquire 18% equity of Jilin Jinggong
According to the announcement of Jilin Chemical Fiber, the company plans to purchase Jilin Jinggong 18% equity held by Jilin Guoxing New Material Industry Investment Co., Ltd. for RMB 36,104,688.00.
According to this announcement, Jilin Jinggong is mainly engaged in 24K, 48K large tow, low cost carbon fiber R&D, production, and sales.
This announcement shows that carbon fiber belongs to a new type of fiber composite material and is also a dominant industry in Jilin City. Jilin Chemical Fiber is the only holding company in Jilin City to extend the development of carbon fiber materials. It is in line with the company's development strategy and is the company's world-class fiber and related extension products. The only way for suppliers.
Jilin Chemical Fiber said that this purchase is conducive to the integration of Jilin chemical fiber formation industry chain, and has become a full-industry chain enterprise with research and development, production and sales of carbon fiber and its products, which is beneficial to Jilin chemical fiber assets, business and personnel structure. .
Cooperating with Jinggong (Shaoxing) Composite Materials Co., Ltd. to develop and manufacture composite carbon fiber
Another announcement issued by Jilin Chemical Fiber Co., Ltd. shows that the company has signed a strategic cooperation with Jinggong (Shaoxing) Composite Materials Co., Ltd. on carbon fiber and its composite materials, to jointly develop and manufacture composite carbon fiber, aerospace, defense and military, Cooperation in transportation, vehicle lightweighting, etc. Priority will be given to the "strategic cooperation agreement" in the fields of rail transportation, wind power, transportation tanks and tanks.
Carbon fiber is a national strategic new material in aerospace, aerospace, military, wind power, sports, industrial and many other fields with its light weight, high strength, high modulus, high temperature resistance, corrosion resistance and other special properties. With the decline of carbon fiber prices, its application It is also increasing year by year. In 2017, the annual demand for carbon fiber in China is over 20,000 tons, of which 16,000 tons is imported, localization is very low, and the annual growth is about 20%. It is estimated that by 2025, the annual demand for carbon fiber in China will be around 40,000--50,000 tons. , Mainly in wind power, pressure vessels, rail transit, drones, robots and other high-end manufacturing fields.
Jilin Chemical Fibre and Jinggong (Shaoxing) Composites Co., Ltd. hopes to solve technical difficulties in the development of the carbon fiber industry through this cooperation, realize the large-scale production and application of carbon fiber and composite materials, and become the domestic carbon fiber and composite materials industry. Leader in R&D and application.
According to this announcement, the contents of this cooperation are as follows:
(1) Capital cooperation to create a new platform for carbon fiber cooperation
The two parties intend to jointly invest 800 million yuan in three years and adopt various methods for in-depth cooperation, including but not limited to Jilin Chemical Fibre and Jinggong (Shaoxing) Composite Materials Co., Ltd. and its subsidiaries in establishing a subsidiary or participating in a capital increase and share expansion method. The operation of Jinggong (Shaoxing) Composite Materials Co., Ltd. gives full play to the advantages of both parties in terms of capital and technical resources, so as to promote the establishment of capital bonds between the two parties and create a carbon fiber cooperation platform.
(2) Business cooperation to promote the development of both parties
The two parties will cooperate on 'high-performance' and 'lightweight' carbon fiber and composite materials. The parties will use high-end resources in various fields and give priority to in-depth cooperation in key projects, technologies and other resources, including However, it is not limited to joint development, research and production of carbon fiber and its composite materials. Jilin Chemical Fibers is mainly responsible for the overall operation of the carbon fiber cooperation platform and coordination of various resources; Jinggong (Shaoxing) Composite Materials Co., Ltd. participates in the operation of the carbon fiber cooperation platform, focusing on carbon fiber cooperation. The platform provides technical support. On December 31, 2018, the completion of the construction of the carbon fiber cooperation platform, the establishment of relevant regulations and rules and regulations and improvement work.