Great Shengda(SH:603687) Zheng Quan Zhi Xing·2025-07-31 16:26Core Viewpoint - Zhejiang Dashengda Packaging Co., Ltd. plans to acquire a 30% stake in Thailand Far East International Environmental Protection Co., Ltd. for a total consideration of 20.4 million Thai Baht, alongside a capital increase of 67 million Thai Baht, totaling approximately 9 million RMB [1][2][21] Transaction Overview - The transaction involves acquiring 10% of the stake from Xiamen Jitel Trade Co., Ltd. and 20% from Far East Zhongqian (Xiamen) Technology Group Co., Ltd. [2][3] - The total investment, including the stake acquisition and capital increase, amounts to 40.5 million Thai Baht [1][4] - The investment aims to mitigate uncertainties arising from the U.S. Department of Commerce's anti-dumping and countervailing investigations against Chinese and Vietnamese products [2][21] Financial Details - The transaction price is based on the book value of the registered capital of Thailand Far East, with the stake acquisition priced at 20.4 million Thai Baht [11][12] - The capital increase will see the company contribute 20.1 million Thai Baht, maintaining its 30% stake post-investment [1][4] Approval and Compliance - The transaction does not constitute a related party transaction or a major asset restructuring and has been approved by the company's board of directors [2][3] - The completion of the transaction is subject to necessary approvals and registrations, including ODI filing [2][21] Impact on Company - The investment is expected to enhance the company's overseas business capabilities and service levels, aligning with its long-term strategic development [21] - The company maintains a stable financial condition, and the funding for this investment will come from its own resources, ensuring no adverse impact on its main business or cash flow [21]