Let's share the stake in the battery field

Kane shares (002012, close to 10.84 yuan) plan to enter the battery area to improve the company's business structure. Today, the company also issued a non-public offering of shares and the associated trading announcements, to find a breakthrough outside the specialty paper industry.　　The company's board of directors and Management after repeated investigation and demonstration, the establishment of battery industry as the company's new strategic development goals. The 78% stake in Cain's Battery announced that the company intends to use its own funds and bank loans of 96.4886 million yuan by the large shareholder Kane Group held in Zhejiang Kane Battery Co., Ltd. (hereinafter referred to as "Kane Battery") 60% of the equity; the natural person Wu Eagle holding Kane Battery 16.22% stake , the natural person Wang Tongwei holding Kane Battery 2.58% of the equity, the acquisition price is 73.4685 million yuan, 19.861 million yuan, 3.1591 million yuan.　　After the equity acquisition is complete, Kane's battery will become a holding subsidiary of the company. Data show that Kane battery registered capital of 50 million yuan, operating range of "power, chargers, batteries, battery materials manufacturing, sales, transportation."　　"The Board of directors believes that the main products of Kane batteries are Ni-MH batteries and lithium batteries, especially at high and ultra-high power batteries in the line with the obvious technical advantages and quality advantages, belong to the national industrial Policy to encourage environmental-friendly new materials, has a good business prospects.　　In the first quarter of this year, Kane battery operating income of 23.054 million yuan, operating profit of 460,000 yuan, net profit of 393,000 yuan.　　After the completion of the acquisition, the company's main business income will be greatly increased, improve the company's existing only rely on traditional special paper production and sales of business structure, battery business will become the company's future profits of an important growth point.　　Raising 500 million yuan to expand the battery project in the acquisition of large shareholder equity to enter the battery business, Kane shares plan to raise funds through targeted additional capital to develop battery business. In order to enlarge, do strong, do excellent battery business, improve the profitability of the company, The company intends to be not less than 8.51 yuan per share of the price, non-public offerings of not more than 40 million shares, of which 180 million yuan to increase the cost of Kane battery to implement the new annual output of 250 million power battery technical renovation project, 70 million yuan to add capital Kane battery to implement the car with power battery new project.　　The two investments amounted to 250 million yuan.　　One of the 250 million power battery technical renovation project completed, the company's small Ni-MH battery products and lithium-ion battery product will reach 300 million knots/year of production capacity, can achieve the new annual after-tax sales income of 748 million yuan, annual profit of 117 million yuan. And in the automotive power battery after the completion of the new project, the company's electric bicycles and electric motorcycles nickel-hydrogen battery products and lithium-ion battery products will reach 500,000 sets/year of production capacity, can achieve the new annual after-tax sales income of 230 million yuan, the total annual profit of 39.87 million yuan.