Foshan Plastics Group Aims to Acquire Full Ownership of Jinli, Bolstering Its Lithium Battery Separator Portfolio
2025-04-30 / Read about 0 minute
Author:小编   

Foshan Plastics Group intends to acquire a 100% stake in Jinli through a combination of share issuance and a cash payment amounting to 5.08 billion yuan. Additionally, the company plans to raise up to 1 billion yuan in supporting funds from its controlling shareholder, Guangxin Group. Jinli specializes in the research, development, production, and sales of lithium battery wet separators. Upon completion of this transaction, Foshan Plastics Group will significantly expand its lithium battery separator business portfolio and further solidify its presence in the burgeoning new energy sector.