南方泵业拟对沙河中源以债转股形式增资并公开挂牌转让控股权

Core Viewpoint - The company has approved a proposal for debt-to-equity conversion and equity transfer for its subsidiary, Shahe Zhongyuan, as part of its strategy to optimize asset allocation in PPP projects [1] Group 1: Debt-to-Equity Conversion Details - The company plans to convert a debt of 131 million yuan and a debt of 40.95 million yuan from its wholly-owned subsidiary, Hebei Lei Yuan, into long-term equity investment in Shahe Zhongyuan [1] - Following the conversion, the registered capital of Shahe Zhongyuan will increase from 55 million yuan to approximately 174.46 million yuan [1] - The company's shareholding in Shahe Zhongyuan will decrease from 94.62% to approximately 81.96% after the conversion [1] Group 2: Shareholding Changes - After the debt-to-equity conversion, the company will retain 49% of the equity in Shahe Zhongyuan, while the remaining equity will be transferred externally [1] - Hebei Lei Yuan's shareholding in Shahe Zhongyuan will increase from 0.19% to approximately 16.40% [1] - All equity held by Hebei Lei Yuan and Zhongjian Huafan in Shahe Zhongyuan will be transferred externally [1] Group 3: Strategic Implications - This debt-to-equity conversion is a preliminary measure for the company to optimize its asset allocation in PPP projects [1] - The company aims to focus on its core business development by transferring the controlling stake in Shahe Zhongyuan through a public listing after the conversion [1]