Bauing Decoration(SZ:002047) Zheng Quan Shi Bao Wang·2025-10-24 15:45Core Viewpoint - *ST Baoying plans to issue up to 423 million shares to Hainan Shitong New Investment Co., Ltd., raising no more than 800 million yuan for working capital and debt repayment [1] Group 1: Stock Issuance and Fundraising - The company intends to issue no more than 423 million shares, aiming to raise up to 800 million yuan after deducting issuance costs [1] - The funds raised will primarily be used to supplement working capital and repay debts [1] Group 2: Share Transfer and Control Change - The controlling shareholder, Dahongqin Group, plans to transfer 5.01% of its shares in the company to Shitong New at a price of no less than 4.67 yuan per share, totaling at least 355 million yuan [1] - A voting rights waiver agreement has been signed, where Dahongqin Group will unconditionally waive its voting rights for all Baoying shares, and Dahongqin Holdings (Hong Kong) Co., Ltd. will waive voting rights for 30.32 million shares [1] - Following the completion of these transactions, the controlling shareholder will change to Shitong New, with the actual controllers shifting from Zhuhai State-owned Assets Supervision and Administration Commission to Fu Xiaoqing and Fu Xiangde [1] Group 3: Stock Resumption - The company's stock will resume trading on October 27 [1]