Zhitong Finance App News, Xiang Fenghua (300890.SZ) announced that the company plans to cooperate with Dingfeng Carbon's shareholders Li Fang, Jiaxing Wuyuefeng Investment Management Co., Ltd. (hereinafter referred to as “Jiaxing Wuyuefeng”), Yang Hairong, Fuzhou Shenshen Real Estate Development Co., Ltd. (hereinafter referred to as “Fuzhou Shenzhen Housing”), Yangzhou Dingfeng Energy Venture Capital Partnership (limited partnership) (hereinafter referred to as “Yangzhou Dingfeng”), Wang Tiejun, Shenzhen Yihui Technology Partnership (limited partnership) (hereinafter referred to as “Shenzhen Yihui”)”), Liu Yumin, Shen Jiayin, and Li Shaogang signed an agreement of intent to acquire shares. Acquire at least 51% of Dingfeng Carbon's shares.

According to the announcement, Dingfeng Carbon's main business is the production, processing and sales of specialty graphite such as isostatic graphite, as well as contract processing, and its main products can be widely used in photovoltaics, semiconductors, etc. After the transaction is completed, the two sides can create synergy effects in terms of market layout, technology research and development, etc., which is conducive to enhancing the company's profitability and resilience to risks, creating greater value for shareholders, improving the market competitiveness and sustainable development capabilities of listed companies, and in line with national industrial policy and the interests of all shareholders.