Cixing plans to issue additional shares to acquire 75% equity of Shenyang Shunyi and raise matching funds, with the stock resuming trading
Cixing announced plans to issue additional shares and cash acquire 75% equity of Shenyang Shunyi, with cash payment not exceeding 40% of the transaction price. At the same time, it will issue shares to no more than 35 specific investors to raise matching funds, with an issue price of 7.16 yuan per share. The company will resume trading on June 4, 2025, and after the transaction is completed, it will enter the defense technology industry, diversify its business types, and promote transformation
According to the Zhitong Finance APP, Cixing (300307.SZ) announced that the company plans to issue shares and pay cash to acquire 75.00% of the shares of Shenyang Shunyi Technology Co., Ltd. ("target company"). In this transaction, the cash payment portion will not exceed 40% of the total transaction price; at the same time, the company plans to issue shares to no more than 35 qualified specific investors to raise matching funds; the issuance price for the shares to purchase assets is set at 7.16 yuan per share. In addition, the company will resume trading on June 4, 2025 (Wednesday) at the market opening.
It is reported that the target company is a professional enterprise engaged in the research, production, and sales of equipment health management systems, intelligent detection equipment, maintenance support equipment, and simulation equipment. The target company's products are mainly applied in the field of defense technology, focusing on providing health management systems and intelligent operation and maintenance-related equipment for the defense technology sector based on the trends of informationization of defense equipment, visualization of equipment management, digitalization of equipment training, and intelligent operation and maintenance of equipment. After the transaction is completed, the company will further enrich its business types, enter the defense technology industry, create a second growth curve, and accelerate the transformation towards new productive forces
