000699SZSE

Announcement on Asset Swap and Related Transactions with Chengdu Kebang Postal Construction Engineering Co., Ltd.

S*ST Jiazhi Co., Ltd.··7 pages

✨ AI Summary

The announcement details an asset swap between Jiamusi Jindi Paper Co., Ltd. and Chengdu Kebang Postal Construction Engineering Co., Ltd., involving a 99.39% equity stake in a subsidiary and land use rights. The assessed value of the land is approximately 17.64 million yuan, while the equity stake is valued at 5.8 million yuan. This transaction aims to enhance asset quality and align with shareholder interests, pending approval at the shareholders' meeting.

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Full Translation

AI Translation· azure_openai

Announcement on Asset Swap and Related Transactions with Chengdu Kebang Postal Construction Engineering Co., Ltd.

Jiamusi Jindi Paper Co., Ltd. and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Important Content Reminder:

  1. The transaction involves the following asset swap: the asset to be swapped out is the long-term investment equity held by Jiamusi Jindi Paper Co., Ltd. in Dujiangyan Kebang Shrink Products Co., Ltd., which is 99.39% of the equity. The asset to be swapped in is the land use rights of "Wenguo Yong (2001) No. 4623" and "Wenguo Yong (2001) No. 4625" located in Wenjiang District, Chengdu, owned by Chengdu Kebang Postal Construction Engineering Co., Ltd.
  2. This asset swap is a related transaction between the company and its largest shareholder, Chengdu Kebang Telecom Group's affiliated enterprise, Chengdu Kebang Postal Construction Engineering Co., Ltd. Two related directors, Shuai Jianlun and Fan Jiguang, abstained from voting during the board meeting that reviewed this transaction.
  3. This asset swap is beneficial for improving the company's asset quality and aligns with the interests of all shareholders.
  4. This matter must be submitted to the shareholders' meeting for approval, with related shareholders abstaining from voting.

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