Core Viewpoint - 威华达控股 and 梧桐 have entered into a share swap agreement, allowing both companies to establish a strategic alliance and enhance cooperation, which is expected to improve the group's revenue and profitability [1][2]. Group 1: Share Swap Agreement Details - The agreement involves 威华达控股 acquiring approximately 189 million shares of 梧桐 at a price of HKD 1.986 per share, totaling HKD 375.6 million [1]. - 梧桐 will acquire about 760 million shares of 威华达控股 at a price of HKD 0.494 per share, also totaling HKD 375.6 million [1]. - After the completion of the agreement, 威华达控股 will hold approximately 17.56% of 梧桐's expanded issued share capital, while 梧桐 will hold about 15.54% of 威华达控股's expanded issued share capital [1][2]. Group 2: Strategic Implications - The share swap is part of the group's tactical and strategic investment activities and falls within the scope of the company's regular business operations [2]. - This marks the first time since 2020 that the company has exercised its general authorization to issue new shares, and it has not conducted any fundraising activities since 2018 [2]. - The internal financial resources of the group will remain unaffected as the transaction will be settled through the issuance of shares without cash payment [2].
威华达控股与梧桐订立股份掉期协议