Red phase INC.(SZ:300427) Ge Long Hui A P P·2026-02-02 11:33Group 1 - The company, Hongxiang Co., Ltd. (300427.SZ), signed an agreement on October 7, 2023, to acquire debt rights related to the Rugao project from Wolong Electric Yinchuan Transformer Co., Ltd. and Ningxia Yinbian Technology Co., Ltd. for a price of 186.15 million yuan, while assuming debts not exceeding 72.14 million yuan [1] - The assessed value of the debt assets related to the Rugao project is 258.29 million yuan, and the assessed value of the accounts payable is 72.14 million yuan [1] - To optimize its asset structure and expedite the handling of the acquired debt rights, the company plans to sign a share transfer agreement regarding distributed photovoltaic projects in Jiangsu Rugao and surrounding areas with Fujian Mingao Power Energy Group Co., Ltd. [1] Group 2 - According to the share transfer agreement, the company intends to become the 100% shareholder of the target company through various methods, including acquiring all shares or subscribing to the new registered capital of the target company [2] - The total transfer price for the 100% equity of the target company to Fujian Mingao is set at 120 million yuan, contingent upon the completion of the company's acquisition of the target company and the resolution of debt relationships [2] - The company will no longer hold any equity in the target company or project company after the completion of the entire transaction [2]