Gelonghui, on December 13, announced that CNSIG Inner Mongolia Chemical Industry (600328.SH) disclosed that the purpose of this Trade is to address the issue of competition in the business of soda ash, ammonium chloride, synthetic ammonia, and caustic soda between Zhongyan Hongsifang and the company in specific regions. The actual controller of the company, Zhongyan Group, issued a "Commitment Letter on Regulating and Avoiding Competition" regarding the company's major Assets restructuring matters in 2019. Considering that the Assets involved in the competition by Zhongyan Hongsifang do not meet the conditions for injection into the listed company, Zhongyan Group intends to extend the performance period for commitments related to regulating and avoiding competition and has recently issued a supplementary commitment regarding the commitment matters. According to the relevant arrangements outlined in the latest "Commitment Letter on Regulating and Avoiding Competition" issued by Zhongyan Group, in order to effectively avoid competition, the company plans to sign a "Product Sales Right Custody Agreement" with Zhongyan Hongsifang, stipulating that the company will manage the sales rights of soda ash, ammonium chloride, synthetic ammonia, and caustic soda products of Zhongyan Hongsifang and its holding enterprises at all levels, with Zhongyan Hongsifang paying management fees to the company as consideration for management services, with a management period of four years and a custody fee of 0.006 million yuan per year.
- Headlines
- CNSIG Inner Mongolia Chemical Industry (600328.SH): Plans to sign a "Product Sales Rights Custody Agreement" with Zhongyan Hongsifang.
中盐化工(600328.SH):拟与中盐红四方签署《产品销售权托管协议》
CNSIG Inner Mongolia Chemical Industry (600328.SH): Plans to sign a "Product Sales Rights Custody Agreement" with Zhongyan Hongsifang.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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