BNMC(SH:601011) Mei Ri Jing Ji Xin Wen·2025-06-23 15:11Core Viewpoint - The company announced the complete transfer of its 55% stake in its subsidiary, Jixi Baotailong Investment Co., Ltd., to Heilongjiang Huiyu Energy Development Group Co., Ltd. for a total transaction price of RMB 300 million, which includes both equity and debt transfer [1][2]. Group 1: Transaction Details - The transaction price for the equity transfer is RMB 154 million, while the debt transfer is RMB 146 million, totaling RMB 300 million [1][2]. - The net asset book value of Jixi Investment Company is RMB 39.58 million, with an assessed net asset value of RMB 276 million, resulting in a valuation increase of RMB 238 million and a growth rate of 597.96% [2][3]. Group 2: Company Performance - As of March 31, 2025, Jixi Investment Company reported total assets of RMB 501 million and total liabilities of RMB 461 million, with zero revenue and a net loss of RMB 704,600 for the first quarter of 2025 [3]. - Baotailong's revenue for the first quarter of 2025 decreased by 75.7% to RMB 127 million, with a net loss attributable to shareholders of RMB 65.56 million [4]. Group 3: Shareholder Actions - The controlling shareholder, Baotailong Group, planned to increase its stake in the company but only managed to acquire 10.01 million shares, representing 0.52% of the total share capital, which is 50% of the initially promised amount [4][5]. - The reason for the incomplete share acquisition was attributed to the company's operational losses leading to financial constraints, prompting the controlling shareholder to lend funds to the company instead [5].