On February 28, Shenzhen Walt New Materials Co., Ltd. (hereinafter referred to as: "Walt Shares" or "Company", *002886SZ) announced that it intends to use its own funds 6026600,000 yuan (tax included) acquired 49% of the equity of Shanghai Walt Huaben Semiconductor Technology Co., Ltd. held by Walka Co., Ltd., hereinafter referred to as "Walt Huaben"), and signed the "Equity Transfer Agreement" and other related agreements.
Previously, in June 2022, Walter announced the acquisition of Walt Huaben 51 shares and obtained control, after the completion of this acquisition, Walt Huaben will become a wholly-owned subsidiary of Walt 100% holding, which also means that the company's layout in the semiconductor field will be further expanded.
It is reported that Walt Huaben was originally a wholly-owned subsidiary of Walkera Co., Ltd., a world-renowned fluorine-containing polymer material company, and Shanghai Walka Fluoroplastic Products *** In 2022, with the acquisition of Walter shares, the name change will be completed. Founded in January 1927, Walca Corporation (Tokyo Stock Exchange Prime Market 7995) designs, manufactures, processes, and sells various materials such as fluorine materials and high-performance rubber for the semiconductor, automobile, industrial machinery, chemical machinery, communications equipment, and aerospace industries.
As the world's only self-owned manufacturing base in the field of fluororesin materials, Walka, the former parent company of Walkar Co., Ltd., Waters has a strong technical advantage in the field of fluororesin materials. At present, the material products produced by Waterwater have been recognized and used by well-known customers in the semiconductor and UHV industries in Chinese mainland, Taiwan, Japan, Europe and other countries and regions with excellent characteristics and high quality.
In recent years, Walt has continued to increase the layout of special materials strategy, first merging and appreciating the leading fluorine-containing polymer materials enterprise "Zhejiang Kesai", which has now become a national specialized and new "key little giant" enterprise. After the completion of this wholly-owned acquisition, the two parties are expected to achieve organic collision and integration in the field of fluorine materials, exert positive efficiency to form a linkage effect, continue to extend manufacturing capacity downstream, and open up a larger market space in semiconductors and other fields.
Since the beginning of the acquisition project, Walter has gradually completed the integration of internal resources, and Walter Huaben has begun to realize performance empowerment. According to the announcement, Walt Huaben's performance in 2023 is very bright, achieving a net profit of 1955150,000 yuan, a year-on-year increase of 31539%。Therefore, with the completion of this acquisition, the net profit attributable to Walt shares is expected to further increase after the full consolidation in the future, so as to further enhance the company's profitability and competitiveness, effectively enhance and stabilize its market position, and bring greater performance contribution to the company.
Walter said that the wholly-owned acquisition of Walt Huaben is an important measure to improve the multi-party collaboration of the industrial chain and deepen the platform strategy of global special materials. With the completion of this wholly-owned acquisition, the company is expected to cooperate with the construction of the existing special materials platform, continuously increase the production capacity of high-end materials, strengthen the layout of cutting-edge technology fields such as semiconductors and artificial intelligence, build a complete industrial chain from top to bottom, and continue to enhance the company's comprehensive competitiveness and market position.