According to the Zhitong Finance APP, Ribo Fashion Group (603196.SH) announced that the company plans to purchase 71% equity of Yindi Le through issuing shares and paying cash, and to issue shares to raise matching funds from the controlling shareholder, Mr. Liang Feng, and his controlled Shanghai Kuoyuan. The counterparties of this transaction include: Fuchuang Investment, Yuanyu Investment, Xufan Investment, Huaying Kaitai, Chongqing Jutang, Jiayuan Investment, Yicun Juncheng, Junhan Investment, Tongying Venture Capital, Fengyi Investment.

The issuance price for purchasing assets through the issuance of shares in this transaction is set at 7.18 yuan per share, and the issuance price for raising matching funds is 7.79 yuan per share. In this issuance, the amount of matching funds raised does not exceed 100% of the transaction price for purchasing assets through this issuance of shares, and the number of shares issued does not exceed 30% of the total share capital of the listed company after completing the purchase of assets through this issuance of shares.

It is reported that the listed company's main business is the creative design, material and technical research and development, production and sales of boutique outfits, focusing on the mid-to-high-end fashion women's wear sector. The target company Yindi Le's main business involves the research, production, and sales of lithium-ion battery binders. After this transaction is completed, the company will further enrich its business types, forming a dual main business pattern of "outfits + lithium battery binders," which will help broaden profit sources, enhance the core competitiveness of the listed company, and achieve business expansion and profit growth.

In addition, the company's stocks will resume trading on Friday, November 1, 2024.