300828SZSE
🚨 Material Event

Legal Opinion from Anhui Tianhe Law Firm on Tianjin Ruixin Technology Co., Ltd.'s Share Issuance and Cash Payment for Asset Acquisition and Related Transactions

Ruixin Technology Co., Ltd.··117 pages

✨ AI Summary

This legal opinion addresses Tianjin Ruixin Technology Co., Ltd.'s plan to issue shares and pay cash to acquire 51% of Wuhu Deheng Automotive Equipment Co., Ltd. The transaction involves a total payment of approximately RMB 49.98 million, with a fundraising target of up to RMB 24.8 million from specific investors. The opinion confirms compliance with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Legal Opinion

Anhui Tianhe Law Firm on Tianjin Ruixin Technology Co., Ltd.'s Share Issuance and Cash Payment for Asset Acquisition and Related Transactions

Address: 35th Floor, Block A, Land Plaza, 288 Huaining Road, Shushan District, Hefei City, Anhui Province
Phone: (0551) 62620429
Fax: (0551) 62620450


Table of Contents

  1. Definitions ........................................................................... 2
  2. Transaction Plan ................................................................. 8
  3. Qualifications of Related Parties .................................... 21
  4. Approvals and Authorizations ......................................... 31
  5. Substantive Conditions of the Transaction .................... 34
  6. Related Agreements .......................................................... 45
  7. Target Assets of the Transaction .................................... 46
  8. Handling of Debts and Employee Placement .................. 91
  9. Related Transactions and Industry Competition ............. 92
  10. Information Disclosure of the Transaction .................... 96
  11. Qualifications of Securities Service Institutions ............ 98
  12. Trading of Company Shares by Relevant Personnel ........ 98
  13. Conclusion ...................................................................... 98
  14. Appendix 1 ...................................................................... 102
  15. Appendix 2 ...................................................................... 111

Definitions

In this legal opinion, unless otherwise specified by context, the following abbreviations and terms have the following meanings:

  • Company/Listed Company/Ruixin Technology/Ruixin Limited/Ruixin Shares refers to Tianjin Ruixin Technology Co., Ltd. (formerly known as Tianjin Ruixin Electronic Thermal Transmission Technology Co., Ltd., Tianjin Ruixin Chang Light Alloy Co., Ltd., Tianjin Ruixin Electronic Thermal Transmission Technology Co., Ltd.), listed on the Shenzhen Stock Exchange with stock code: 300828.SZ
  • Target Company/Deheng Equipment refers to Wuhu Deheng Automotive Equipment Co., Ltd.
  • Kaidao Lintun refers to Huangshan Kaidao Lintun Venture Capital Co., Ltd.
  • Xinandeheng Fund refers to Huangshan Kaidao Xinandeheng Equity Investment Partnership (Limited Partnership).
  • Chip Screen Fund refers to Anhui Province Chip Screen Industry Fund Partnership (Limited Partnership).
  • Jinhua Yurai refers to Jinhua City Yurai Enterprise Management Consulting Partnership (Limited Partnership).
  • Guoyuan Industry Transformation Fund refers to Anhui Guoyuan Industry Transformation Upgrade Investment Fund Partnership (Limited Partnership).
  • Chaoyong Fund refers to Hefei Chaoyong Equity Investment Partnership (Limited Partnership).
  • Ruicheng No. 2 Fund refers to Wuhu City Ruicheng New Industry No. 2 Fund Partnership (Limited Partnership).
  • Kaidao Construction refers to Huangshan Kaidao Construction Investment Development Co., Ltd.
  • Huangshan High-tech Investment refers to Huangshan High-tech Industry Investment Group Co., Ltd.
  • Huangshan State-owned Assets Supervision and Administration Commission refers to the State-owned Assets Supervision and Administration Commission of Huangshan Municipal People's Government.
  • Wuhu Shengde refers to Wuhu Shengde Automotive Technology Co., Ltd.
  • Anhui Shengde refers to Anhui Shengde Automotive Technology Co., Ltd.
  • Ma'anshan Shengde refers to Ma'anshan Shengde Automotive Technology Co., Ltd.
  • Magnesium Wing Era refers to Anhui Magnesium Wing Era Automotive Technology Co., Ltd.
  • Huangshan Shengde refers to Huangshan Shengde Automotive Technology Co., Ltd.
  • Jinhua Shengde refers to Jinhua Shengde Automotive Technology Co., Ltd.
  • Jinhua Hengsheng refers to Jinhua Hengsheng Automotive Technology Co., Ltd.
  • Puman Technology refers to Puman (Hangzhou) Industrial Technology Co., Ltd.
  • Yichun Shengde refers to Yichun Shengde Automotive Technology Co., Ltd.
  • Fuzhou Shengde refers to Fuzhou Shengde Automotive Technology Co., Ltd.
  • Yibin Shengde refers to Yibin Shengde Automotive Technology Co., Ltd.

Sign in to read the full translation

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