Core Viewpoint - *ST Zhongji has officially confirmed its restructuring investor after a month and a half of waiting, signing a "Restructuring Investment Agreement" with Xinjiang Xinye State-owned Assets Management Group Co., Ltd. [1] Group 1: Restructuring Process - On July 28, *ST Zhongji and its subsidiary received a "Pre-restructuring Notice" from the court, initiating the pre-restructuring process [1] - A total of 45 potential investors submitted applications and deposits by the deadline [1] - On September 11, *ST Zhongji announced the selection of Xinjiang Xinye as the industrial investor and identified seven financial investors [1] Group 2: Financial Details - Xinjiang Xinye, established in September 2007, has a registered capital of 2.293 billion yuan and focuses on project investment and asset management [1] - The restructuring agreement stipulates a capital reserve conversion, increasing *ST Zhongji's total share capital from 771 million shares to 1.62 billion shares, with 848 million shares to be issued [2] - Xinjiang Xinye will conditionally acquire 276 million shares for a cash consideration of 500 million yuan, at a price of 1.81 yuan per share [2] Group 3: Financial Investors - Various financial investors will acquire shares at a price of 2.52 yuan per share, with specific cash considerations outlined for each group [3] - For instance, a consortium including Bingtian Investment and Haoshi Technology will acquire 35 million shares for 88.2 million yuan [3] - The successful completion of the share transfer is contingent upon court approval of the restructuring plan [3] Group 4: Implications of the Agreement - The signing of the "Restructuring Investment Agreement" is expected to facilitate the smooth progress of the restructuring for both *ST Zhongji and its subsidiary [3] - Successful restructuring could improve the financial structure and alleviate the debt crisis of *ST Zhongji and its subsidiary [3] - The introduction of new investors is anticipated to restore and enhance the operational and profitability capabilities of *ST Zhongji and its subsidiary [3]
*ST中基确定重整投资人 新疆国资联手7家财务投资人参与