Core Viewpoint - Jixing New Energy announced a loan capitalization agreement to settle shareholder loans and issue capitalized shares to Mr. Liu, indicating a strategic move to manage debt and equity structure [1] Group 1: Loan Capitalization Agreement - The company, Jixing New Energy, entered into a loan capitalization agreement on November 3, 2023, with a conditional agreement to settle shareholder loans amounting to CAD 3,838,150 (approximately HKD 21,337,280.41) in full [1] - The agreement includes the issuance of 210,000,000 capitalized shares at an issue price of HKD 0.30 per share to Mr. Liu, aimed at settling a portion of the debt amounting to CAD 7,494,290 (approximately HKD 41,662,719.59) [1] Group 2: Impact on Share Capital - The capitalized shares represent approximately 34.65% of the company's issued share capital as of the announcement date [1] - After the issuance of the capitalized shares, they will account for about 25.73% of the enlarged issued share capital of the company [1] - The company plans to apply for approval from the Stock Exchange Listing Committee for the listing and trading of the capitalized shares [1]
吉星新能源:涉及贷款资本化,根据特定授权发行2.1亿股新股份