Ribo Fashion(SH:603196) Zheng Quan Zhi Xing·2025-07-21 16:34Company Overview - The company, originally named Shanghai Ribao Apparel Co., Ltd., was established on April 25, 2002, and is headquartered in Songjiang District, Shanghai [1] - The company's unified social credit code is 91310000738505304H, and its registered address is No. 98, Rongyang Road, Songjiang District, Shanghai [1] Business Operations - The company operates in various sectors including clothing design, manufacturing, wholesale and retail of apparel, non-medical masks production, and sales, among others [2] - The main business activities focus on the design, production, and sales of clothing and accessories [2] Acquisition Details - The company plans to acquire a 71% stake in Sichuan Yindile Material Technology Group Co., Ltd. through a combination of issuing shares and cash payment [2][3] - The valuation of Yindile is set at RMB 2,005 million, with the transaction price for the 71% stake being RMB 1,420 million, comprising RMB 1,161 million in shares and RMB 259 million in cash [3] Financial Aspects of the Transaction - The share issuance price is set at RMB 7.18 per share, which is not less than 80% of the average trading price over the previous 60 trading days [3] - The number of shares to be issued is 161,699,158, representing 40.56% of the total share capital post-issuance [3] - The company will also issue shares to its controlling shareholder, Liang Feng, at a price of RMB 7.79 per share to raise additional funds for the cash payment [4] Yindile Company Profile - Sichuan Yindile was established on October 18, 2007, with a registered capital of RMB 72 million, focusing on lithium-ion battery materials and related technologies [4] - The company is located in Pengshan Economic Development Zone, Sichuan Province [4] Financial Reporting - The pro forma consolidated financial statements include the company and its 21 subsidiaries, as well as Yindile and its 3 subsidiaries [5] - The financial statements are prepared based on the assumption that the acquisition was completed on January 1, 2023, and include the operating results of the acquired assets for the years 2023, 2024, and the first five months of 2025 [6]