Guangdong Qunxing Toys Joint-stock (002575.SZ) issued an announcement, considering the changes in the company's controlling shareholder and the actual controller...
According to the announcement by Guangdong Qunxing Toys Joint-stock (002575.SZ) on the Zhitong Finance APP, due to the actual circumstances of changes in the company's controlling shareholder and actual controller, the background, purpose, and basis for issuing A-shares to specific targets in 2023 have all changed. Considering various factors comprehensively to fully protect the interests of all shareholders, after careful study, the company has decided to terminate the issuance of A-shares to specific targets in 2023.
On October 14, 2024, the company convened the fourth meeting of the fifth session of the board of directors, a special meeting of independent directors for 2024, to review and approve the restructured plan to issue shares to specific targets in 2024. On the same day, the company also held the sixteenth meeting of the fifth session of the board of directors and the eleventh meeting of the fifth session of the board of supervisors to review the restructured plan to issue A-shares to specific targets in 2024.
According to the restructured plan to issue A-shares to specific targets, the company plans to issue no less than 0.105 billion shares (including this portion) and not more than 0.178 billion shares (including this portion), with a total fundraising amount of no less than 0.419 billion yuan (including this portion) and not exceeding 0.71 billion yuan (including this portion). The funds raised will be used to supplement the company's working capital after deducting issuance expenses. The subscriber for this A-share issuance to specific targets is Tibet Boxin Technology Development Co., Ltd. (hereinafter referred to as "Tibet Boxin"), whose actual controller is Mr. Zhang Jincheng, the chairman and general manager of the company. Mr. Zhang Jincheng plans to subscribe to the company's issuance of shares through Tibet Boxin in cash. After this issuance, the company's controlling shareholder and actual controller will change, with Tibet Boxin becoming the controlling shareholder and Mr. Zhang Jincheng becoming the actual controller.