Hanbo High-tech (301321.SZ) announced that during the share repurchase obligation period, it received a share repurchase notice from its subsidiary Bojing Technology's shareholders.
According to the Zhitong Financial APP report, Hanbo High-tech (301321.SZ) announced that during the share repurchase obligation period, it received the 'Equity Repurchase Notice' issued by its subsidiary Bojing Technology's shareholders Xi Zhen Fund and Nanqiao Fund. The company will convene the 15th meeting of the fourth Board of Directors on December 18, 2024, to review and approve the proposal on the repurchase of partial equity of subsidiaries and related transactions. It is agreed that according to the capital increase agreement and its supplementary agreement signed by the company, Nanqiao Fund, and Xi Zhen Fund regarding Bojing Technology, through negotiation among all parties, the company and its designated entity, Fosun Zhili New Energy (Anhui) Private Equity Fund Partnership (Limited Partnership) (abbreviated as 'Fosun Fund'), as the repurchase obligor, will undertake the repurchase obligation of the paid-in capital from Nanqiao Fund and Xi Zhen Fund for Bojing Technology, and sign the equity transfer agreement with Chuxin Fund and Xiamen TCL.
According to the relevant agreement, Fosun Fund will acquire 11.1757% equity of Bojing Technology held by Xi Zhen Fund at a transfer price of 0.1 billion yuan (related paid-in registered capital of 89.405454 million yuan); Hanbo High-tech will acquire 1.3243% equity of Bojing Technology held by Xi Zhen Fund at a transfer price of 11.8521 million yuan (related paid-in registered capital amount of 10.594546 million yuan). According to the relevant agreement, Hanbo High-tech will acquire 6.6250% equity of Bojing Technology held by Nanqiao Fund at a transfer price of 61.2715 million yuan (related paid-in registered capital amount of 53 million yuan).
In addition to the obligation of the above company and its designated entities to undertake the repurchase obligations for the paid-in registered capital corresponding to the shares held by Nanqiao Fund and Xi Zhen Fund, Hanbo High-tech has signed an equity transfer agreement with Chuxin Fund, wherein Hanbo High-tech will acquire 4.6760% equity of Bojing Technology from Chuxin Fund at a transfer price of 37.623388 million yuan (corresponding paid-in registered capital amount of 37.408163 million yuan). Hanbo High-tech signed an equity transfer agreement with Xiamen TCL, acquiring 1.1990% equity of Bojing Technology held by Xiamen TCL at a transfer price of 9.659637 million yuan (corresponding paid-in registered capital amount of 9.591837 million yuan).
After the completion of the above series of transactions, the company will Hold 76.3243% equity of Bojing Technology and remain its controlling shareholder, and there will be no changes to the scope of the company's consolidated financial statements. The announcement states that this transaction complies with the agreements signed between the company and related parties, and is beneficial to protect the legitimate rights and interests of the company and shareholders, while controlling future operational risks.