Core Viewpoint - Jiangxi Hongcheng Environment Co., Ltd. has received cash performance compensation from its controlling shareholder, Nanchang Water Group Co., Ltd., due to unmet profit commitments related to the acquisition of Dingyuan Ecology [1][2] Group 1: Performance Commitment Details - The performance commitment period for Dingyuan Ecology spans from 2021 to 2024, with promised net profits of at least 109.41 million yuan for 2021, 115.52 million yuan for 2022, 121.18 million yuan for 2023, and 134.50 million yuan for 2024 [1] - The compensation amount is determined based on the difference between the cumulative committed net profit and the actual net profit at the end of each year during the performance commitment period [2] Group 2: Compensation Arrangement - If the actual net profit is less than the committed amount, Nanchang Water Group is obligated to compensate Jiangxi Hongcheng Environment either in shares or cash, depending on the shortfall [2][3] - The compensation shares will be adjusted if there are stock bonuses or capital increases during the performance commitment period [3][4] Group 3: Compensation Payment and Audit - As of the end of 2024, Nanchang Water Group is required to compensate Jiangxi Hongcheng Environment with 3,949,403 shares due to unmet performance commitments, along with a cash payment of 5.53 yuan for any fractional shares [6][7] - The company has received a total of 4,935,663.32 yuan as cash compensation for the 2024 performance commitment [7]
洪城环境: 江西洪城环境股份有限公司关于收到控股股东现金补偿款的公告