Workflow
昊居科技房地产交易服务平台
icon
Search documents
*ST金刚重整迎来关键节点:确定控股股东欧昊集团为重整产业投资人 最高出资4.02亿元强化控股权
Zheng Quan Ri Bao· 2025-06-12 12:38
Core Viewpoint - Gansu King Kong Photovoltaic Co., Ltd. (*ST King Kong*) has entered a critical phase in its restructuring process, with Guangdong Ouhao Group confirmed as the industrial investor to aid in its debt resolution and operational recovery [2][3]. Group 1: Restructuring Details - The restructuring investment agreement was signed on June 9, with Ouhao Group committing to invest between 268 million yuan and 402 million yuan at a price of 4.96 yuan per share, which is 50% of the average stock price over the previous 60 trading days [3][4]. - Following the transaction, Ouhao Group's shareholding will be between 20% and 25%, solidifying its control over *ST King Kong* [3][4]. - The restructuring process was initiated after creditors filed for bankruptcy due to *ST King Kong*'s inability to repay debts, highlighting the company's significant financial distress [3][4]. Group 2: Financial Performance and Challenges - *ST King Kong* has faced continuous losses, with net losses of 202 million yuan in 2021, 269 million yuan in 2022, and 362 million yuan in 2023. In 2024, the company reported a revenue drop of 78.69% to 124 million yuan and a net loss of 795 million yuan, marking a 119.83% increase in losses year-on-year [6][7]. - The company's total assets were reported at 2.711 billion yuan, with total liabilities of 3.635 billion yuan, resulting in a debt ratio of 134.08% and a negative net asset value of 921 million yuan [6][7]. Group 3: Future Prospects and Contracts - If the restructuring is successful, *ST King Kong* could potentially turn its net assets positive and avoid delisting risks. However, failure to restructure could lead to delisting based on its current financial status [7]. - A significant sales contract was signed with a South Asian customer for 194 MW of HJT solar cells, expected to account for over 50% of the company's audited revenue for 2024, indicating a potential boost to future performance [7].