Replace strategic investor Zhonglai shares and transfer Hangguo shares

category:Finance
 Replace strategic investor Zhonglai shares and transfer Hangguo shares


As for the reasons for the termination of strategic cooperation with Wujiang energy, Zhonglai Co., Ltd. explained that the company and Wujiang energy have conducted comprehensive and in-depth communication and exchange in business operation and development, and both sides agree and are optimistic about the development prospect of China Laiwu shares in the photovoltaic industry, but the time schedule, rhythm, investment scale and operation and management mode of future investment in the photovoltaic industry have not been reached Both parties have decided to terminate the equity transfer in view of the deviation between the expectation of business development and the original assumption.

At the same time, Zhonglai shares said that after the termination of this agreement, there will be no disputes or disputes between the two parties, and there will be no breach of contract, compensation for losses and no payment of any fees. The termination of the transaction will not adversely affect the companys performance, production and operation, and will not bring substantial obstacles to the realization of the companys strategic objectives in the future.

Under the influence of strategic synergy effect, the companys future development prospects deserve attention.

New war investment benefits strategic coordination

Hangzhou Boiler Co., Ltd., as the core enterprise of Xizi united, mainly deals in traditional energy equipment and has been paying attention to the development of new energy industry.

Zhonglai Co., Ltd. is the first enterprise in China to engage in the research and development of n-type high-efficiency batteries and realize large-scale mass production.

After the introduction of the new strategic party, China Laibin will solve the problem of high equity pledge rate of the companys actual controllers with the help of capital strength. At the same time, the two sides will effectively integrate their advantages this time. After Hangzhou Boiler Co., Ltd. is involved in the solar thermal new energy business, it is expected to give full play to its own advantages in the future, and steadily promote the business expansion in the aspects of new energy equipment manufacturing, new energy engineering undertaking, new energy and new technology development, and new energy investment layout It is the main business of photovoltaic industry, forming a collaborative development.

In this transfer agreement, the Nomination Scheme of the directors, supervisors and senior management team of both parties has changed from the previous one. Among the members of the board of directors, the number of nominees of the transferee has increased from 4 to 5, while that of Lin Jianwei has decreased from 3 to 2. Among the members of the board of supervisors, the number of nominees from the transferee is 2. In both agreements, the general manager is nominated by Lin Jianwei, and the chief financial officer is nominated by the transferee. In addition, the transfer agreement of Hangguo shares has made it clear that in the future, Hangguo will increase its holding by no less than 300 million yuan at a price of no more than 12 yuan / share through the secondary market and block trading, which shows that Hangguo shares has a better prospect for the strategic cooperation between the two sides. Industry insiders said that generally speaking, there will be a part of the premium for the acquisition of the controlling rights of listed companies. Compared with the previous transfer of Wujiang agreement, the restructuring scheme of Zhonglai shares and Hangguo shares is more market-oriented. For a fully competitive industry such as photovoltaic, the market-oriented flexible mechanism and strong resource integration ability will be the indispensable prerequisite for enterprises to become bigger and stronger. Source: Securities Times editor in charge: Yang Bin_ NF4368

In addition, the transfer agreement of Hangguo shares has made it clear that in the future, Hangguo will increase its holding by no less than 300 million yuan at a price of no more than 12 yuan / share through the secondary market and block trading, which shows that Hangguo shares has a better prospect for the strategic cooperation between the two sides.

Industry insiders said that generally speaking, there will be a part of the premium for the acquisition of the controlling rights of listed companies. Compared with the previous transfer of Wujiang agreement, the restructuring scheme of Zhonglai shares and Hangguo shares is more market-oriented. For a fully competitive industry such as photovoltaic, the market-oriented flexible mechanism and strong resource integration ability will be the indispensable prerequisite for enterprises to become bigger and stronger.