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诚志股份: 北京市金杜(青岛)律师事务所关于青岛董家口发展集团有限公司免于发出要约事宜的法律意见书
Zheng Quan Zhi Xing· 2025-07-03 16:15
Core Viewpoint - The legal opinion letter from Beijing Jindu (Qingdao) Law Firm confirms that Qingdao Dongjiakou Development Group Co., Ltd. can be exempted from making a public offer in the acquisition of Qingdao Haikong Investment Holdings Co., Ltd. [1][2] Group 1: Acquisition Details - The acquisition involves the transfer of 100% ownership of Qingdao Haikong Investment Holdings Co., Ltd. from Haikong Group to Dongjiakou Group, allowing Dongjiakou Group to indirectly hold 374,650,564 shares of Chengzhi Co., Ltd., representing 30.83% of the total share capital [1][7] - The actual controller of both the listed company and the acquirer remains the New District State-owned Assets Supervision and Administration Commission, ensuring no change in control [7][9] Group 2: Legal Compliance - The law firm conducted thorough checks and confirmed that Dongjiakou Group meets the qualifications for the acquisition and does not fall under any prohibitive conditions outlined in the Acquisition Management Measures [6][10] - The acquisition complies with Article 62 of the Acquisition Management Measures, which allows for exemption from making a public offer when the transfer occurs between entities under the same actual controller [7][9] Group 3: Procedural Aspects - The necessary procedures for the acquisition have been completed, including the signing of the "Agreement on the Free Transfer of State-owned Property" between Haikong Group and Dongjiakou Group [9][10] - The acquirer has fulfilled the required disclosure obligations as per relevant laws and regulations, including the preparation of the acquisition report [10]
中南文化: 中南红文化集团股份有限公司收购报告书
Zheng Quan Zhi Xing· 2025-07-01 16:40
Core Viewpoint - The acquisition report details the acquisition of shares in Zhongnan Cultural Group Co., Ltd. by Jiangyin Chengbang Enterprise Management Development Center (Limited Partnership) and Jiangyin Xinguolian Power Development Co., Ltd., resulting in an increase in their shareholding to over 30% due to the company's share repurchase and capital reduction [1][2]. Group 1: Acquisition Details - The acquisition is a result of Zhongnan Cultural's cancellation of repurchased shares, which led to the acquirers' shareholding increasing from 29.97% to 30.16% [2][5]. - The acquisition complies with the exemption from the obligation to make a public offer as stipulated in relevant regulations [2][5]. Group 2: Acquirers' Information - Jiangyin Chengbang Enterprise Management Development Center (Limited Partnership) has a registered capital of 834 million RMB and was established on August 28, 2019 [6][9]. - Jiangyin Xinguolian Power Development Co., Ltd. has a registered capital of 500 million RMB and is involved in various investment activities [6][10]. Group 3: Shareholding Structure - Both acquirers are controlled by Jiangyin Xinguolian Group Co., Ltd., which is ultimately controlled by the Jiangyin Municipal Government's State-owned Assets Supervision and Administration Office [7][9]. - The shareholding structure indicates a unified action relationship between the acquirers, as per the regulations [7][9].
西宁特钢: 西宁特殊钢股份有限公司收购报告书摘要
Zheng Quan Zhi Xing· 2025-06-30 16:32
Group 1 - The core point of the acquisition is that Tianjin Jianlong Steel Industry Co., Ltd. intends to acquire shares of Xining Special Steel Co., Ltd. through a specific stock issuance, aiming to strengthen its control over the company and enhance its financial stability [1][2][8] - Tianjin Jianlong has committed to not transferring the newly acquired shares for three years after the issuance, pending approval from the non-related shareholders at the company's general meeting [2][14] - The acquisition will increase Tianjin Jianlong's stake in Xining Special Steel from 29.96% to 40.52%, solidifying its position as the controlling shareholder [11][12] Group 2 - The financial data of Tianjin Jianlong shows total assets of approximately 19.94 billion yuan and net assets of about 6.99 billion yuan as of December 31, 2024, with a debt-to-asset ratio of 64.93% [6] - The company reported a revenue of approximately 24.24 billion yuan for the fiscal year 2024, with a net profit of around 212.17 million yuan, indicating a net profit margin of about 0.88% [6] - Tianjin Jianlong's main business includes steel production and trading, with a focus on enhancing its operational capabilities and financial health through this acquisition [6][8]
福蓉科技: 福建至理律师事务所关于福建省工业控股集团有限公司免于发出要约的法律意见书
Zheng Quan Zhi Xing· 2025-06-30 16:22
Core Viewpoint - Fujian Industrial Holding Group Co., Ltd. is exempt from making a public offer due to the transfer of 80% equity of Fujian Metallurgy (Holding) Co., Ltd. from the Fujian Provincial State-owned Assets Supervision and Administration Commission, allowing it to indirectly control Sichuan Furong Technology Co., Ltd. [1][9] Group 1: Company Overview - Fujian Industrial Holding Group Co., Ltd. is a state-owned sole proprietorship registered in Fujian Province with a registered capital of 800 million yuan [4][5] - The company is involved in various sectors including investment activities, management consulting, and manufacturing of various products [4][5] Group 2: Acquisition Details - The acquisition involves the transfer of 80% equity of Fujian Metallurgy to Fujian Industrial Holding Group, which will indirectly control 65.72% of the shares of Sichuan Furong Technology through its subsidiaries [7][9] - Prior to the acquisition, the controlling shareholder of Sichuan Furong Technology was Nanping Aluminum Industry Co., Ltd., with the actual controller being the Fujian Provincial State-owned Assets Supervision and Administration Commission [8][10] Group 3: Legal Compliance - The acquisition has followed all necessary legal procedures and complies with the relevant regulations, allowing for exemption from making a public offer as per the Acquisition Management Measures [9][13] - The legal opinion confirms that the acquisition does not violate any laws or regulations and that the company has fulfilled its information disclosure obligations [11][13]
远达环保: 关于中国电力国际发展有限公司及其一致行动人免于发出要约事宜之法律意见书
Zheng Quan Zhi Xing· 2025-06-13 12:01
北大街 8 号华润大厦 20 层 邮编:100005 电话: (86-10) 8519-1300 传真: (86-10) 8519-1350 北京市君合律师事务所 关于 中国电力国际发展有限公司及其一致行动人 免于发出要约事宜 之 法律意见书 二零二五年六月 北京总部 电话: (86-10) 8519-1300 上海分所 电话: (86-21) 5298-5488 广州分所 电话: (86-20) 2805-9088 深圳分所 电话: (86-755) 2939-5288 传真: (86-10) 8519-1350 传真: (86-21) 5298-5492 传真: (86-20) 2805- 9099 传真: (86-755) 2939-5289 杭州分所 电话: (86-571) 2689-8188 成都分所 电话: (86-28) 6739-8000 西安分所 电话: (86-29) 8550-9666 青岛分所 电话: (86-532) 6869-5000 传真: (86-571) 2689-8199 传真: (86-28) 6739 8001 传真: (86-532) 6869-5010 大连分所 ...
龙高股份: 兴业证券关于龙岩高岭土股份有限公司收购报告书之财务顾问报告
Zheng Quan Zhi Xing· 2025-06-12 11:19
Core Viewpoint - The acquisition involves the Fujian Longyan Municipal Government's State-owned Assets Supervision and Administration Commission transferring its stakes in three companies to the Longyan Investment Development Group, enabling the group to indirectly control 49.55% of Longyan Kaolin Co., Ltd. [1][21] Group 1: Acquisition Details - The acquirer will obtain 51.04% of the Longyan Investment Development Group, 39% of the Longyan Cultural Tourism Huijin Development Group, and 20% of the Longyan Transportation Development Group [1][24] - The acquisition will not involve cash transactions or securities payments, focusing instead on equity transfers [12][24] - The acquisition will not change the direct controlling shareholder or the actual controller of Longyan Kaolin Co., Ltd., which will remain the Longyan Investment Development Group and the Longyan Municipal Government's State-owned Assets Supervision and Administration Commission, respectively [21][24] Group 2: Financial Advisor's Role - The financial advisor, Industrial Securities Co., Ltd., has conducted due diligence and confirmed that the acquisition complies with relevant laws and regulations [5][6] - The financial advisor has verified that the acquirer has provided all necessary documentation and that the information is accurate and complete [2][7] - The financial advisor will continue to oversee the acquirer's compliance with legal obligations and corporate governance standards post-acquisition [13][25] Group 3: Future Plans and Stability - The acquirer has no immediate plans to change the main business operations of Longyan Kaolin Co., Ltd. after the acquisition [26] - There are no plans for significant asset disposals, mergers, or restructuring within the next 12 months [26] - The acquirer will not propose changes to the board of directors or senior management of Longyan Kaolin Co., Ltd. unless necessary, and will adhere to legal procedures for any future changes [27]
宁波精达: 宁波精达成形装备股份有限公司收购报告书摘要
Zheng Quan Zhi Xing· 2025-06-10 10:51
宁波精达成形装备股份有限公司 收购报告书(摘要) 上市公司名称:宁波精达成形装备股份有限公司 股票上市地点:上海证券交易所 股票简称:宁波精达 股票代码:603088 收购人名称:宁波成形控股有限公司 注册地址:浙江省宁波市江北区慈城镇慈湖人家267号2207室 通讯地址:浙江省宁波市江北区慈城镇慈湖人家267号2207室 签署日期:二〇二五年六月 收购人声明 一、本报告书摘要依据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 16号 ——上市公司收购报告书》及其他相关法律、法规和部门规章的有关规定编写。 截至本报告书摘要签署日,除本报告书摘要披露的持股信息外,收购人没有通 过任何其他方式在宁波精达成形装备股份有限公司拥有权益。 三、收购人签署本报告书摘要已获得必要的授权和批准,其履行亦不违反收购 人内部规则中的任何条款,或与之相冲突。 四、本次非公开发行完成后,收购人持有宁波精达的权益将超过上市公司已发 行股份的30%,触发要约收购义务。根据《上市公司收购管理办法》第六十三条的规 定,经上市公司股东会非关联股东批准,投资者取得上市公司向 ...
宁波精达: 上海市广发律师事务所关于《宁波精达成形装备股份有限公司收购报告书》的法律意见
Zheng Quan Zhi Xing· 2025-06-10 10:39
Core Viewpoint - The legal opinion regarding the acquisition of Ningbo Jingda Forming Equipment Co., Ltd. by Ningbo Forming Holdings Co., Ltd. outlines the compliance with relevant laws and regulations, confirming the legitimacy of the acquisition process and the qualifications of the acquiring party [1][2][3]. Group 1: Acquiring Party Information - Ningbo Forming Holdings Co., Ltd. was established on January 23, 1995, with a registered capital of 5 million RMB, and operates as a limited liability company [4][5]. - The company is a wholly state-owned limited liability company, with its controlling shareholder being Ningbo Tongshang, which is supervised by the Ningbo Municipal Government's State-owned Assets Supervision and Administration Commission [5][6]. Group 2: Financial Status - As of December 31, 2024, Ningbo Forming's total assets amounted to 22,495.23 million RMB, with net assets of 22,492.73 million RMB and a debt-to-asset ratio of 0.01% [16][17]. - The company reported a net profit of 3,725.80 million RMB for the fiscal year 2024, with a return on net assets of 16.56% [17]. Group 3: Legal Compliance and History - The legal opinion confirms that Ningbo Forming has not faced any bankruptcy, dissolution, or closure orders as per relevant laws and regulations [5]. - The company has been publicly reprimanded by the Shanghai Stock Exchange for previous violations related to the transfer of control of Ningbo Jingda, but there have been no administrative penalties or criminal charges in the last five years [18][19][24]. Group 4: Management Team - The current management team includes Li Hengsheng as Chairman and General Manager, with other key personnel being Hu Liyi, Zhou Zhi, Yang Jian, Zhao Yingqi, and Zheng Bing, all of whom have no criminal records or significant legal issues in the past five years [24]. Group 5: Shareholding Structure - As of the date of the legal opinion, Ningbo Forming does not hold 5% or more of shares in any other listed companies, while its controlling shareholder, Ningbo Tongshang, does hold significant stakes in other companies [25][26].
宁波精达: 申万宏源证券承销保荐有限责任公司关于宁波精达成形装备股份有限公司收购报告书之财务顾问报告
Zheng Quan Zhi Xing· 2025-06-10 10:28
之 财务顾问报告 财务顾问 二〇二五年六月 特别声明 申万宏源证券承销保荐有限责任公司 关于 宁波精达成形装备股份有限公司 收购报告书 本部分所述的词语或简称与本财务顾问报告"释义"部分所定义的词语或简称 具有相同的涵义。 本次收购系因收购人宁波成形控股有限公司认购宁波精达向其非公开发行的新 股,导致收购人持有宁波精达的股份的比例超过 30%。根据《证券法》、 《收购管理 办法》的规定,本次收购符合规定的免于发出要约收购申请的情形。本次收购后宁 波精达的控股股东和实际控制人不会发生变更,其控股股东仍为成形控股,实际控 制人仍为宁波市国资委。 申万宏源承销保荐接受收购人宁波成形控股有限公司的委托,担任本次免于发 出要约收购申请的财务顾问,依照相关法律法规规定,按照行业公认的业务标准、 道德规范,本着诚实信用和勤勉尽责的原则,在审慎调查的基础上出具财务顾问报 告。 本财务顾问报告不构成对宁波精达股票的任何投资建议,投资者根据本财务顾 问报告所做出的任何投资决策而产生的相应风险,本财务顾问不承担任何责任。本 财务顾问请广大投资者认真阅读本次收购各方发布的关于本次收购的相关公告。 本财务顾问依据的有关资料由收购人提供 ...
奥浦迈14.5亿元收购疑云:财务数据“打架” 标的实控人一致行动人认定存疑
Xin Lang Zheng Quan· 2025-06-10 07:25
Core Viewpoint - Aopu Mai is planning to acquire 100% of Chengli Bio for a combination of cash and stock, raising up to 730 million yuan, despite having significant cash reserves and a low debt ratio. The acquisition has raised concerns due to the presence of a dissenting independent director and discrepancies in valuation among different stakeholders [1][4][15]. Group 1: Acquisition Details - Aopu Mai intends to acquire Chengli Bio for a total valuation of 1.45 billion yuan, with a significant portion of the payment being in shares and cash [5][6]. - The acquisition involves 31 different counterparties, with notable discrepancies in the pricing offered to different stakeholders, leading to a "same stock different price" situation [6][8]. - Chengli Bio's financial performance has been declining, with projected net profit for 2024 expected to drop by 30% compared to the previous year [3][4]. Group 2: Financial Performance - Aopu Mai's revenue for 2023 and 2024 is reported at 243 million yuan and 297 million yuan, respectively, with year-on-year changes of -17.41% and +22.26% [2]. - The net profit for Aopu Mai has significantly decreased, with a drop of 48.72% in 2023 and 61.04% in 2024, leading to concerns about the necessity of the acquisition [2][3]. - Chengli Bio's revenue for 2022, 2023, and 2024 is reported at 256 million yuan, 318 million yuan, and 331 million yuan, respectively, with net profits of 57 million yuan, 65 million yuan, and 45 million yuan [3]. Group 3: Governance and Compliance Issues - An independent director, Tao Hua'an, voted against the acquisition, citing a lack of necessity for the merger at this stage, although specific reasons were not disclosed [4][5]. - Concerns have been raised regarding the relationship between the controlling shareholder of Chengli Bio and the largest stakeholder in the acquiring company, which may affect the compliance and governance of the transaction [10][13][14]. - The valuation discrepancies and the relationships among the stakeholders raise questions about the fairness and transparency of the acquisition process [8][13].