Jinpu Titanium Industry (000545.SZ) plans to purchase 100% equity of Lide Dongfang and resume trading of its stock.
Zhixun Finance News, Jinpu Titanium (000545.SZ) announced a major asset swap, issuance of shares, cash payment for asset acquisition, and raising of matching funds and related party transaction plan. The transaction plan includes: (1) Major asset swap: Jinpu Titanium intends to swap part of the assets held by Nanjing Titanium Dioxide, Xuzhou Titanium Dioxide, and Jinpu Supply Chain as of the evaluation reference date (excluding the subject of disposal and all liabilities within the listed company's consolidated financial statements range as of that date, as well as the trade balance between the subject of disposal or Jinpu Dongyu and Jinpu Dongyu's 91% equity of Lide Dongfang); (2) Issuance of shares and payment of cash to purchase assets: Jinpu Titanium plans to purchase assets from the trading party by issuing shares and paying cash, including: 1. Purchasing the difference part of the assets swapped with Jinpu Dongyu; 2. Purchasing the 9% equity of Lide Dongfang from Hengyu Taihe; (3) Raising matching funds: Jinpu Titanium intends to issue shares to no more than 35 specific objects to raise matching funds, with the total amount not exceeding 100% of the transaction price of purchasing assets by issuing shares in this transaction, and the number of shares issued not exceeding 30% of the total share capital of the listed company before this transaction, for the purpose of paying the cash consideration for this transaction, paying intermediary agency fees, paying transaction-related taxes and fees, Lide Dongfang's project construction, and supplementing the working capital of the listed company.
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