SONGFA(SH:603268) Zheng Quan Shi Bao Wang·2024-12-01 10:05Core Viewpoint - The company is planning a significant asset restructuring involving the exchange of assets and issuance of shares to acquire a stake in Hengli Heavy Industry, transitioning its main business focus from ceramics to shipbuilding and high-end equipment [1] Group 1: Asset Restructuring Details - The company intends to exchange all its assets and operating liabilities for an equivalent portion of the 50% stake in Hengli Heavy Industry held by Zhongkun Investment [1] - The transaction price for the assets being disposed of is set at 513 million, while the transaction price for the 100% stake in Hengli Heavy Industry is 8 billion, resulting in a difference of 7.493 billion to be financed through share issuance [1] - The company plans to issue shares to no more than 35 specific investors to raise up to 5 billion in supporting funds [1] Group 2: Business Transition - Following the completion of the restructuring transaction, Hengli Heavy Industry will become a wholly-owned subsidiary of the company [1] - The company's main business will shift from ceramics to shipbuilding and high-end equipment [1]