000787SZSE

Draft Report on Issuing Shares to Purchase Assets and Related Transactions

*ST Chuangzhi Co., Ltd.··304 pages

✨ AI Summary

This draft report outlines the proposed issuance of shares by Chuangzhi Information Technology Co., Ltd. to acquire 95.306% of Guodi Real Estate from Sichuan Dadi Industrial Group and Chengdu Taiwei Investment Management. The transaction is valued at approximately RMB 2.9 billion, with a share price set at RMB 3.72. The report also highlights the associated risks and the need for regulatory approvals before completion.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Declaration

The company and all members of the board guarantee that the contents of this report are true, accurate, and complete, and bear individual and joint legal responsibility for any false records, misleading statements, or significant omissions in this report. The person in charge of the company, the person in charge of accounting, and the head of the accounting institution guarantee that the financial accounting reports in this report are true, accurate, and complete. Any decisions or opinions made by the China Securities Regulatory Commission or other government agencies regarding this issuance of shares to purchase assets do not imply a substantive judgment or guarantee of the value of the company's stock or investor returns. This report is an explanation of the transaction by the board of directors; any contrary statements are false representations. After the completion of this major asset restructuring transaction, the changes in the company's operations and earnings will be the responsibility of the company; the investment risks arising from this major asset restructuring transaction will be borne by the investors themselves. Investors with any questions should consult their stock brokers, lawyers, professional accountants, or other professional advisors.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.