Qingdao Gaoce(SH:688556) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-05-14 22:54Group 1 - The company, Qingdao Gaoce Technology Co., Ltd., is making an investment in Jiangsu Runyang New Energy Technology Co., Ltd. by converting a debt of 100 million RMB into equity, resulting in a 1.0817% ownership stake post-conversion [2][4][10] - The investment is based on a long-term cooperative relationship with Runyang and aims to facilitate settlement and improve financial structure [4][24] - The total valuation of Runyang prior to the debt-to-equity conversion is set at 8 billion RMB, with an increase in registered capital from 450 million RMB to approximately 520 million RMB post-investment [10][12] Group 2 - The investment agreement includes provisions for compensation or buyback in case the investment does not yield expected returns, ensuring protection for the company's interests [16][18] - The company has received board approval for the transaction, which does not constitute a major asset restructuring as per regulatory definitions [5][24] - The investment is expected to mitigate customer debt issues and enhance collaboration with clients, thereby reducing bad debt risks [24]