YATAI(SZ:000691) Xin Lang Cai Jing·2025-09-19 14:59Core Viewpoint - *ST亚太 has signed a cooperation agreement to maintain its listing status and mitigate delisting risks through share acquisition and governance arrangements [1][4]. Group 1: Cooperation Agreement Details - The cooperation agreement involves two parties: Guangzhou Wanshun Technology Co., Ltd. and Chen Zhijian as Party A, and Lanzhou Asia-Pacific Mining Group Co., Ltd., Lanzhou Taihua Investment Holdings Co., Ltd., Zhu Quanzhu, and Lanzhou Baohui Business Service Co., Ltd. as Party B [2]. - Party B agrees to transfer between 18 million to 23 million shares of Asia-Pacific Industry to Party A or its designated entity at a price of 12 yuan per share, totaling 2.16 billion yuan if 18 million shares are acquired [3]. - Payment terms include an initial deposit of 15 million yuan, followed by structured payments contingent on share registration and debt negotiations [3]. Group 2: Governance and Voting Rights - The existing voting rights delegation agreement remains effective, with Party B committing to transfer remaining voting rights to Party A unconditionally from July 1, 2026, until December 31, 2027 [3]. - There are restrictions on share reduction by Party B until June 30, 2027, with specific conditions for share price adjustments [3]. Group 3: Financial Implications and Conditions - Additional payments are contingent on the successful execution of the restructuring plan, with potential payments of 80 million yuan or 75 million yuan based on completion dates [3]. - The agreement stipulates that if the restructuring plan is not completed by December 31, 2026, Party B must return any received payments [3].