HBYH(SZ:000422) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-06-04 23:11Core Viewpoint - Hubei Yihua Chemical Co., Ltd. is acquiring 100% equity of Yichang Xinfai Industrial Investment Co., Ltd. from its controlling shareholder, Hubei Yihua Group, for a total transaction price of 3.2079324 billion yuan, with the transfer of assets completed as of the announcement date [2][3]. Transaction Implementation - The transfer of the target assets has been completed, and the company now directly holds 100% equity of Yichang Xinfai [2]. - The transaction price is structured in two payments: the first payment of 51% (approximately 1.636045524 billion yuan) is due within 5 working days after the agreement is signed, and the remaining 49% (approximately 1.571886876 billion yuan) is to be paid within one year along with corresponding interest [3]. Subsequent Matters - Remaining payments for the equity transfer are pending as per the agreement [4]. - The company will hire an auditing firm to conduct a special audit on the profit and loss of the target company during the transition period [4]. - The company is required to continue fulfilling information disclosure obligations as per relevant laws and regulations [4]. Opinions from Intermediaries - The independent financial advisor confirmed that the transaction complies with relevant laws and regulations, and the asset transfer procedures are legal and effective [6]. - The legal advisor stated that the necessary approvals for the transaction have been obtained, and there are no significant discrepancies in the information disclosed prior to the transaction [6].