---
title: "CTCG: Plans to issue shares and pay cash to acquire assets and raise supporting funds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/242158801.md"
description: "ST United plans to acquire 100% of the shares of Runtian Industrial held by Jiangxi Maitong and 3 other counterparties through the issuance of shares and cash payment, and to raise supporting funds. The transaction price is to be determined based on the evaluation report from the asset appraisal agency and the results of negotiations among the parties. After the relevant auditing and evaluation work is completed, the listed company will sign a supplementary agreement with the counterparties to confirm the final transaction price and plan, and disclose it in the restructuring report"
datetime: "2025-05-28T08:58:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/242158801.md)
  - [en](https://longbridge.com/en/news/242158801.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/242158801.md)
generator: "portal-rs"
---

# CTCG: Plans to issue shares and pay cash to acquire assets and raise supporting funds

CTCG announced that the company plans to acquire 100.00% of the shares of Runtian Industrial held by three trading counterparts, including Jiangxi Maitong, through the issuance of shares and cash payment, and to raise supporting funds. The transaction price has not yet been determined, and the final transaction price of the target assets will be based on the evaluation results provided by an asset appraisal agency that complies with the Securities Law and has been filed with the competent state-owned assets supervision and administration department, as determined through negotiation among the parties involved in the transaction. After the relevant audit and appraisal work for the target assets is completed, the listed company will sign a supplementary agreement to the asset purchase agreement for the issuance of shares and cash payment with the trading counterpart, confirming the final transaction price and transaction plan, and will disclose this in the restructuring report

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**