Core Viewpoint - Zongshen Power plans to swap its motorcycle engine business assets and liabilities with Longxin General's general machinery business assets and liabilities, addressing industry competition and enhancing business clarity and specialization [1] Group 1: Transaction Details - The transaction involves the exchange of equity in Chongqing Zongshen Engine Manufacturing Co., Ltd. and Chongqing Xinlongxin Electromechanical Co., Ltd. [1] - The difference in the transaction value will be compensated in cash by one party to the other [1] - This transaction is classified as a related party transaction due to Longxin General being controlled by Zuo Zongshen, the actual controller of Zongshen Power [1] Group 2: Strategic Implications - The transaction is expected to constitute a significant asset restructuring without changing the controlling shareholder or actual controller of the company [1] - Post-transaction, Zongshen Power will focus resources on developing general machinery, which has technological advantages and market prospects [1] - The transaction aligns with the company's strategic development direction, aiming to improve the quality of the listed company and protect the interests of minority shareholders [1]
宗申动力筹划重大资产置换