Hubei Heyuan Gas Co., Ltd. (002971.SZ): The subsidiary Heyuan New Materials plans to increase capital and expand shareholding.

Gelonghui Finance · Dec 3, 2024 03:44

On December 3, Gelonghui reported that Hubei Heyuan Gas Co., Ltd. (002971.SZ) announced that its wholly-owned subsidiary, Heyuan New Materials, plans to increase capital and expand its shares. Xingyuan Changzheng intends to contribute cash to increase capital in Heyuan New Materials by no more than 0.2 billion yuan. Xingyuan Changzheng aims to hold no more than 13.16% of the shares in Heyuan New Materials. The company waives its preemptive subscription rights for this capital increase, and the total amount involved in the waiver is no more than 0.2 billion yuan. After the capital increase is completed, Heyuan New Materials will still be included in the company's consolidated financial statements, and the company will hold no less than 86.84% of the shares in Heyuan New Materials. The designated managing partner of Xingyuan Changzheng and the fund manager is Tongfu Investment, which is not an affiliated legal entity of the company, hence Xingyuan Changzheng does not belong to the company's affiliated legal entities. This private equity fund's plan to increase capital in its subsidiary and the company's waiver of preemptive subscription rights does not constitute a related party transaction and does not constitute a significant asset reorganization defined by the 'Administrative Measures for Major Asset Restructuring of Listed Companies,' nor does it constitute a restructuring listing, and does not require approval from relevant departments.

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和远气体(002971.SZ)：子公司和远新材料拟增资扩股

Hubei Heyuan Gas Co., Ltd. (002971.SZ): The subsidiary Heyuan New Materials plans to increase capital and expand shareholding.

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