NDZ plans to acquire a 75.1521% stake in Charles Schwab to expand its business reach

According to the news from Zhitong Finance APP, NDZ (002968.SZ) disclosed a plan for issuing shares and paying cash to purchase assets and raise supporting funds, as well as related party transactions. The company intends to acquire a total of 65.1521% equity in Jiaxin Liheng held by TS Capital Facility Management Holding Company Limited and Beijing Xinrunheng Equity Investment Partnership (Limited Partnership) through the issuance of shares and cash payment, as well as 10% equity in Jiaxin Liheng held by six transaction parties including Shanghai Xintian Enterprise Management Partnership (Limited Partnership), Shanghai Xinyue Enterprise Management Partnership (Limited Partnership), Shanghai Xinlai Enterprise Management Partnership (Limited Partnership), Shanghai Xinqing Enterprise Management Partnership (Limited Partnership), Shanghai Xinmolybdenum Enterprise Management Partnership (Limited Partnership), and Shanghai Shengying Enterprise Management Consulting Partnership (Limited Partnership). The company also plans to issue shares to raise supporting funds from no more than 35 qualified specific objects. According to the plan, the proportion of the transaction price paid to the transaction parties in shares is 50%, and the proportion paid in cash is 50%. The total transaction price has not yet been determined. The issuance price for the shares to purchase assets is set at 8.44 yuan per share. The total amount of supporting funds raised shall not exceed 100% of the transaction price for purchasing assets through share issuance, and the number of shares to be issued shall not exceed 30% of the total share capital of the listed company before the issuance of supporting funds. The announcement shows that the target company's main business is International Facility Management (IFM), primarily serving various industrial and commercial clients. Its core business focuses on on-site comprehensive facility management, green energy management, and large-scale event security, building core competitiveness through technological integration and industry-customized services. It is a representative enterprise in the national facility management field. After the completion of this transaction, the listed company will further expand its business coverage, significantly increase its business proportion in the East China Yangtze River Delta region, North China Bohai Bay region, South China Greater Bay Area, and West China Chengdu-Chongqing Economic Belt, and further promote the implementation of its national strategy