Core Viewpoint - Shandong Yanggu Huatai Chemical Co., Ltd. plans to issue shares and pay cash to acquire 99.64% of the equity of Bomi Technology Co., Ltd. and raise supporting funds through a related party transaction [1][6]. Summary by Sections Transaction Details - The transaction involves the purchase of assets from multiple parties, including Hainan Juxin, Wang Chuanhua, Wu Fengyun, and others [1]. - The company intends to raise funds from no more than 35 specific investors as per the regulations of the China Securities Regulatory Commission [1]. Financial and Legal Commitments - The company and its board members guarantee the accuracy and completeness of the restructuring report and its summary, assuming legal responsibility for any false statements or omissions [2][3]. - The controlling shareholders and actual controllers commit to not transferring their shares during the investigation period if any information provided is found to be misleading or false [2][5]. Regulatory Compliance - The restructuring report does not represent any substantive judgment or approval from the China Securities Regulatory Commission or the Shenzhen Stock Exchange [3]. - The effectiveness and implementation of the transaction are subject to the approval of regulatory authorities [3]. Adjustments to the Restructuring Plan - The company held board meetings to approve adjustments to the restructuring plan, including changes to the parties involved in the transaction [11][12]. - The performance commitment period for the transaction is set for four consecutive accounting years starting from the year of completion, with specific profit targets outlined for the years 2025 and 2026 [13][14].

Core Viewpoint - Yanggu Huatai's restructuring plan has been suspended due to the need for adjustments in the transaction scheme, as announced on August 2 [1] Group 1: Restructuring Details - The restructuring plan involves the acquisition of 100% equity of Bomi Technology for a total price of 1.443 billion yuan, with cash consideration of 433 million yuan and share consideration of 1.01 billion yuan [1][2] - Bomi Technology is primarily engaged in the research, production, and sales of high-performance polyimide materials, which are used in power semiconductor devices and advanced semiconductor packaging [2] - Yanggu Huatai aims to expand its business into the electronic chemical products sector, which is critical for semiconductor manufacturing, while maintaining its leading position in the rubber additive sector [3] Group 2: Financial Performance - Bomi Technology reported revenues of 32.795 million yuan and 33.949 million yuan for 2023 and 2024, respectively, with net losses of 11.7165 million yuan and 9.1819 million yuan [2] - The valuation of Bomi Technology shows a significant increase, with a 1330.32% appreciation based on a net asset value of 1.01 billion yuan as of December 31, 2024 [2] Group 3: Regulatory Process - The Shenzhen Stock Exchange raised nine major questions regarding the transaction, including the necessity and compliance of the cross-industry acquisition and the fairness of related party transaction pricing [2] - Yanggu Huatai has responded to the inquiries and is working on further modifications and supplements as requested by the exchange [3]