- Recently, investors and media reports have indicated that the "Notice on Further Regulating the Introduction of Social Capital for Primary Land Development" (Chengfu Fa [2011] No. 26, hereinafter referred to as "Document No. 26") may affect the business operations of Chengdu Guodi Real Estate Co., Ltd. (hereinafter referred to as "Guodi Real Estate"), which is the transaction target in the major asset restructuring of Chuangzhi Information Technology Co., Ltd. (hereinafter referred to as "Chuangzhi Technology"). Xinda Securities Co., Ltd. (hereinafter referred to as "Xinda Securities" or "this independent financial advisor"), as the independent financial advisor for Chuangzhi Technology's major asset restructuring, has conducted a review of the aforementioned matters and provides the following explanation:
000787SZSE
Special Explanation from Xinda Securities Co., Ltd. on the Impact of Document Chengfu Fa [2011] No. 26 on Major Asset Restructuring
✨ AI Summary
This announcement addresses concerns raised by investors regarding the impact of Document Chengfu Fa [2011] No. 26 on the major asset restructuring of Chuangzhi Technology Co., Ltd. The independent financial advisor, Xinda Securities, conducted a thorough investigation and confirmed the legality of agreements between Guodi Real Estate and the Longquanyi District Government. However, potential risks remain if future modifications to these agreements are required due to the document's stipulations.
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