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Chengbang EcoEnvironment (603316.SH): plans to transfer 100% of Chengbang Design's equity to the company's related party, Fang Liqiang.
On December 12, Ge Longhui reported that Chengbang EcoEnvironment (603316.SH) announced that, in light of the continuous losses of its wholly-owned subsidiary Chengbang Design in recent years, in order to focus on the development of the company's core Business, optimize resource allocation, and improve the utilization efficiency of the company's funds and resources, the company will hold the eighth meeting of the fifth Board of Directors on December 12, 2024, to review and approve the "Proposal on the Sale of Subsidiary Equity and Related Transactions." The company intends to transfer 100% of the equity of Chengbang Design to its related party Fang Liqiang, sign the "Equity Transfer Agreement" (hereinafter referred to as "this agreement"), and authorize the management to handle the equity transfer.
chengbang ecoenvironment (603316.SH): intends to increase capital to its wholly-owned subsidiary by converting debt into equity.
On November 28, Glonghui reported that chengbang ecoenvironment (603316.SH) announced it would increase the registered capital of its wholly-owned subsidiary Chengbang Design Group Co., Ltd. (abbreviated as "Chengbang Design") by 62.18 million yuan through a debt-to-equity conversion. Following this capital increase, the company's debt to Chengbang Design will decrease from 62.18 million yuan to 0 yuan, while Chengbang Design's registered capital will rise from 68 million yuan to 130.18 million yuan. The company will still hold 100% of Chengbang Design's equity. Given that Chengbang Design has experienced continuous losses in recent years, with negative net assets, this capital increase through a debt-to-equity conversion is aimed at Chengbang Design.
Chengbang Eco-Environment to Borrow 50 Million Yuan From Controlling Shareholder
Chengbang Co., Ltd.: Report for the Third Quarter of 2024 by Chengbang Ecological Environment Co., Ltd.
Announcement of the main operating data of Chengbang Ecological Environment Co., Ltd. for the third quarter of 2024
Chengbang Ecology & Environment Co., Ltd. Report for the Third Quarter of 2024
