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宝丰能源收购生变:公司偿债压力较大、交易“暂缓执行”

Ningxia Baofeng Energy Group's acquisition of Shengbian: the company faces significant debt pressure, and the trade is "temporarily suspended."

Breakings ·  Dec 6, 2024 09:01

On December 6, Ningxia Baofeng Energy Group (600989.SH) issued the "Announcement on the Reply to the Regulatory Letter Regarding Related Party Transactions and the Temporary Suspension of Related Transactions." The company stated: It has decided to temporarily suspend the execution of this related party transaction. After the planned acquisition project is completed and put into operation, it will assess the actual operational situation of the project and decide whether to continue the transaction in consultation with the other party. The "related party transactions temporarily suspended" stem from Ningxia Baofeng Energy Group's intended acquisition of Ningxia Baofeng Yune Technology Co., Ltd. (referred to as: Baofeng Yune) steam comprehensive pipeline project and related assets, with a transaction amount of 0.492 billion yuan (including tax). As both parties' controlling shareholders are Ningxia Baofeng Group Limited's chairman, Dang Yanbao, it constitutes a related party transaction but not a significant asset restructuring. According to the valuation report, the book value of the targeted assets in this transaction is 0.386 billion yuan, the assessed value is 0.436 billion yuan, with an increase in value of 49.34 million yuan and an appreciation rate of 12.78%. The funding sources are self-owned and self-raised funds. Shortly after the announcement of Ningxia Baofeng Energy Group's acquisition, the Shanghai Stock Exchange triggered a regulatory letter. Issues related to the transaction's purpose, the synergy between new business and current main business, the reasonableness of the transaction, and whether there are benefits transmitted to related parties have attracted attention.

The translation is provided by third-party software.


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