Recently, the domestic power battery leader Yiwei Lithium Energy issued an equity trading related announcement, officially announcing the end of nearly six years of in-depth strategic cooperation with SK On, a well-known Korean battery giant.
The company will pay about 2.3 billion yuan in consideration, of which 200 million yuan will be paid in cash, and the other 2.1 billion yuan will be replaced by 30% of SK New Energy (Jiangsu) held by Yiwei Lithium Energy.
Fully acquire the remaining 49% equity of SK On, completely terminate the joint venture relationship between the two sides, and realize 100% wholly-owned holding of the core subsidiary Yiwei Energy.
As early as 2020, SK Innovation, the predecessor of SK On, successfully acquired 49% of Yiwei Energy through a debt-to-equity swap of 2.035 billion yuan, forming a deep joint venture pattern with 51% of Yiwei Lithium Energy.
Industry analysts said that the breakup with the SK On "was not a contraction of the lithium business, but a precise" light pack ".
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