Noted in the announcement by Zhuochuang News (301299.SZ), the company plans to use part of the over-raised funds to jointly acquire shareholder Mr. Jiang Hulin, Zibo Zhuoyi...
According to the announcement from Zhitong Finance and Economics APP, Zhuochuang News (301299.SZ) plans to use part of the over-raised funds to jointly acquire 55% equity of Wuxi Chulei Information Technology Development Co., Ltd. (referred to as "Wuxi Chulei") with Mr. Jiang Hulin, Zibo Zhuoyi Investment Partnership Enterprise (Limited Partnership) (referred to as "Zibo Zhuoyi"), and Ms. Ye Qiuju.
Specifically, the company plans to use over-raised funds of 48.24 million yuan to acquire 36% equity of Wuxi Chulei, while the company's controlling shareholder, actual controller, and chairman Mr. Jiang Hulin plans to use self-owned funds of 13.4 million yuan to acquire 10% equity of Wuxi Chulei. Zibo Zhuoyi plans to use self-owned funds of 9.38 million yuan to acquire 7% equity of Wuxi Chulei; the company's director and general manager, Ms. Ye Qiuju, plans to use self-owned funds of 2.68 million yuan to acquire 2% equity of Wuxi Chulei.
The announcement indicates that Wuxi Chulei focuses on recycling resources including scrap steel, scrap nonferrous metals, as well as circular economy and new energy mainly lithium battery recycling. It has already developed a relatively mature service system and a loyal customer base. Upon completion of this transaction, the company's research field in csi commodity equity index will be expanded, leading to diversified development and enhancing the company's risk resistance capability.