CMST(SH:600787) Ge Long Hui A P P·2025-09-19 09:55Core Viewpoint - China Packaging plans to acquire a 65% stake in Zhongchu Hengkang held by Zhongchu Co., along with a debt of 157 million yuan, to optimize resource allocation and enhance high-quality development [1] Group 1: Transaction Details - The acquisition involves China Packaging purchasing 65% of Zhongchu Hengkang's equity and 65% of the total debt owed by Zhongchu Co. to Zhongchu Hengkang, which amounts to 157 million yuan out of a total of 241 million yuan [1] - Following the acquisition, the debt will be converted into paid-in capital for Zhongchu Hengkang at a 1:1 ratio, with Zhongchu Co. converting 84.3146 million yuan of its debt into paid-in capital [1] - As a result of this transaction, Zhongchu Hengkang's registered capital will increase by 241 million yuan, with the new equity structure being 65% held by China Packaging and 35% held by Zhongchu Co. [1] Group 2: Financial Implications - The consolidation of financial statements will change, as Zhongchu Hengkang will no longer be included in the consolidated financial statements of Zhongchu Co. [1] - The management team of Zhongchu Co. is authorized to handle all matters related to the transfer and sign all necessary legal documents [1]