Kangsheng Co., Ltd. announced that its wholly-owned subsidiary Zhongzhi Yike intends to introduce strategic investors Shanghai Xizhonghe and Zhengzhou Lvgang through equity transfer and capital increase. The equity transfer is based on the net assets of Zhongzhi Yike of RMB 60,595,900, and Kangsheng Co., Ltd. and its wholly-owned subsidiary Machinery Mold will transfer a total of 55% equity of Zhongzhi Yike to Shanghai Xizhonghe and Zhengzhou Lvgang, with a total transfer price of RMB 33,327,800. The total amount of capital increase is RMB 398,312,700, of which Shanghai Xizhonghe will increase its capital by RMB 159,325,100, Zhengzhou Lvgang will increase its capital by RMB 59,746,900, and Kangsheng Co., Ltd. will increase its capital by RMB 179,240,700 through debt-for-equity swaps. After the completion of the transaction, Kangsheng Co., Ltd. will still hold 45% equity of Zhongzhi Yike and remain the largest shareholder.
康盛股份：拟转让中植一客55%股权并增资扩股
Zhejiang Kangsheng intends to transfer 55% of the equity of Zhongzhiyike and increase its capital and shares.
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