The National Joint Resources announced that the company intends to acquire Yunxiang International Investment, which is engaged in the production of electric vehicle and battery and electric vehicle energy management system companies, at a total consideration of 866 million yuan. Upon completion of the Reorganisation, the Target Company will own the entire share capital of Zhiyun, and Zhiyun will be an investment holding company and will directly or indirectly hold a 20% equity interest in Hefei Zhonghang after the completion of the restructuring. Hefei Zhonghang directly owns 51% of Anhui Xingkailong. Anchor Drilling Rig,Horizontal Anchoring Drilling,Anchor Soil Nail Drilling Rig,Soil Nailing Drilling Machine Taian Longye Import And Export Trade Co.,ltd , https://www.lydrillingrigfactory.com
The payment method will be RMB 65 million in cash, and the payment of the Promissory Note A will be settled to the Vendor at the completion of the transaction (for a one-year and annual interest rate of 6%); RMB 142 million will be issued upon the completion of the transaction. To the seller (for a period of 15 months and zero interest); 162 million yuan will be issued within 5 business days after the completion date of 15 months, the issue of convertible bonds A settlement (three years and zero interest); and 4.32 The company will issue convertible bonds B within three business days after 27 months from the date of completion (for a period of three years and zero interest). The conversion price is 0.3 yuan per conversion share, which is a discount of approximately 6.25% to the previous closing price of 0.32 yuan per share.