Tritonpoker2022After being ruled by the court to accept the reorganization application in October last year, * ST (i.e. BBK (002251), SZ002251, share price 4Tritonpoker2022.09 yuan with a market capitalization of 34Tritonpoker20223.6 billion yuan) recently announced the list of successful investors, and ushered in substantial progress on April 30.
On the evening of April 30th, * ST Bogao announced that on April 25th, the company signed the "restructuring Investment Agreement" with 4 industrial investors and 13 financial investors, these investors will subscribe for the shares increased by * ST Bogao through capital reserve in cash. If the shareholding ratio is not taken into account, investors expect to subscribe for a total of 1.175 billion shares, with an investment amount of 2.5 billion yuan. On the day of signing the agreement, * ST Bucco and its manager submitted a draft reorganization plan to the Xiangtan Intermediate people's Court.
Among them, the industrial investors are: Chengdu White RabbitTritonpoker2022You Culture Communication Co., Ltd. (hereinafter referred to as "White Rabbit Group"), China Foreign Economic and Trade Trust Co., Ltd. (with its industrial partner Sinochem Modern Agriculture Co., Ltd.), Wumart Technology Group Co., Ltd. (hereinafter referred to as "Wumart Group") and Beijing Boya Spring Bud Investment Co., Ltd. (hereinafter referred to as "Boya Spring Bud"), Xiangtan Electric Chemical (002125) Industry and Investment holding Group Co., Ltd. (hereinafter referred to as "Xiangtan Electric production and Investment").
The financial investors are: China Foreign Economic and Trade Trust Co., Ltd. (hereinafter referred to as "Foreign Trade Trust"), Shenzhen Merchants Ping an Asset Management Co., Ltd. (hereinafter referred to as "Investment Ping an"), Xiangtan Jiuhua Asset Management and Management Co., Ltd. (hereinafter referred to as "Jiuhua Capital Management"), Changsha Xiangjiang Asset Management Co., Ltd. (hereinafter referred to as "Xiangjiang Asset Management"), Jifu Venture Capital Co., Ltd. (hereinafter referred to as "Jifu Venture Capital"), Sheng Shijing Asset Management Group Co., Ltd. (hereinafter referred to as "Shengshijing Capital Management"), Shanghai Hongyi Private Equity Fund Management Co., Ltd. (hereinafter referred to as "Shanghai Hongyi Fund"), Yuanjian Private Equity Management (Jiangsu) Co., Ltd. (hereinafter referred to as "Yuanjian Fund"), Composed of Shenzhen Yuanyuan Xincheng Investment Consulting Co., Ltd. (hereinafter referred to as "Yuanyuan Xincheng") and Hubei Huachu Investment Co., Ltd. (hereinafter referred to as "Huachu Investment"), Zhongguanbao Investment Co., Ltd. (hereinafter referred to as "Zhongguanbao"), By Pine Tree Huilin (Shanghai) Private Equity Fund Management Co., Ltd. (hereinafter referred to as "Pine Tree Huilin") and Shenzhen Longjieda Investment Consulting Co., Ltd. (hereinafter referred to as "Longjieda Investment").
Specifically, among the industrial investors, White Rabbit Group, Xiangtan Electric Industry Investment Group, Wumart Group and Boya Chunya will accept shares at a price of 1.65 yuan per share, while the foreign trade trust (United Sinochem Agriculture) will receive 1.90 yuan per share. As for the reasons for the inconsistent transfer price, * ST Bugao explained in the announcement that White Rabbit Group, Xiangtan Electric Industry Investment, Wumart Group and Boya Chunya all nominated non-independent directors and / or independent directors to participate in corporate governance deeply, provide industrial resources in an all-round way, carry out in-depth capacity, and the lock-up period is 36 months, so the price per share is 1.65 yuan. Foreign Trade Trust (United Sinochem Agriculture) is not deeply involved in corporate governance by nominating directors and is locked in for 24 months, so the price per share is 1.90 yuan.
In addition, the transfer price of financial investors in 13 aspects is 2.50 yuan per share, and the lock-up period is 12 months.
According to the arrangement of the reorganization Investment Agreement, after the completion of the reorganization of the company, the investors will become the shareholders of * ST and will not gain the control of * ST after the reorganization.
* ST said that the signing of the restructuring Investment Agreement is a necessary part of the company's restructuring process and is conducive to promoting the smooth progress of the company's restructuring related work. In accordance with the specific contents of the reorganization Investment Agreement and the actual situation of the company and the communication with the reorganization investors, creditors and investors, the manager will formulate a draft reorganization plan and submit it to the investor meeting and creditors meeting for examination and approval. If the company successfully implements the restructuring and completes the implementation of the reorganization plan, it will help to improve the company's asset-liability structure and operating conditions, and promote the high-quality development of the company.
Source of cover picture: visual China