Overview - The company, Shenzhen Zhaoxin New Energy Co., Ltd., plans to reduce the capital of its subsidiary, Shenzhen Yongsheng New Energy Co., Ltd., to optimize its capital structure and reduce financial costs [1][6]. Capital Reduction Details - The capital reduction will decrease Shenzhen Yongsheng's registered capital from 1,152.76 million yuan to 783.88 million yuan, with the company reducing its investment by 450.48 million yuan [2][4]. - After the reduction, the company's direct shareholding in Shenzhen Yongsheng will be 80.9516%, while the combined shareholding with its wholly-owned subsidiary, He Xin Holdings, will remain at 97.6963% [2][4]. Regulatory Compliance - The capital reduction requires approval from the company's shareholders' meeting and must comply with relevant regulations and procedures [3][6]. Strategic Rationale - The capital reduction is part of the company's strategic planning to enhance internal resource allocation, improve asset structure, and increase operational flexibility and risk resistance [6]. - The company aims to lower inter-company funding costs and improve capital efficiency, which is expected to enhance overall net profit [6]. Financial Impact - The capital reduction will not change the scope of the company's consolidated financial statements, nor will it significantly impact the company's overall business development and profitability [6].
兆新股份: 关于对控股子公司减资的公告