000787SZSE

Summary of the Draft Report on Issuing Shares to Purchase Assets and Related Transactions

*ST Chuangzhi Co., Ltd.··187 pages

✨ AI Summary

This announcement outlines the proposed issuance of shares by Chuangzhi Information Technology Co., Ltd. to acquire 95.306% of Guodi Real Estate. The transaction is valued at approximately RMB 2.9 billion, with a share price set at RMB 3.72. The restructuring aims to enhance the company's asset quality and operational capabilities, transitioning from software services to land development. Approval from shareholders and regulatory bodies is required for completion.

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Full Translation

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Statement

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 indicate 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, and 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. The purpose of this summary of the major asset restructuring report is to provide the public with a brief overview of this restructuring and does not include all parts of the full major asset restructuring report. The full major asset restructuring report is simultaneously published on the Giant Tide Information website (www.cninfo.com.cn). The method for reviewing the documents is as follows: Company Name: Chuangzhi Information Technology Co., Ltd. Contact Address: No. 966, North Section of Tianfu Avenue, Wuhou District, Chengdu, Sichuan Province, Financial City, Building 5. Contact Person: Chen Long. Phone: 028-85987125. Fax: 028-85987125. Investors with any questions should consult their stock brokers, lawyers, professional accountants, or other professional advisors.

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