On February 11, Suzhou Thvow Technology Co.Ltd(002564) officially released a major asset restructuring plan, which consists of two parts: issuing shares to buy assets and raising matching funds through non-public issuance of shares. Among them, Suzhou Thvow Technology Co.Ltd(002564) plans to purchase 100.00% equity of Shanghai Boiler Plant Co., Ltd. from the controlling shareholder Shanghai Electric Group Company Limited(601727) by issuing shares. Meanwhile, in order to improve the integration performance of this transaction, Suzhou Thvow Technology Co.Ltd(002564) plans to raise matching funds of no more than 960 million yuan from the non-public offering of shares of Shanghai Lixin, a related party of the controlling shareholder.
After the completion of this reorganization, Suzhou Thvow Technology Co.Ltd(002564) will focus on the two business segments of "new power design and system solutions, energy and chemical high-end equipment manufacturing and services". Guided by intelligent technology and core equipment, it is committed to becoming an internationally renowned and China's first-class service provider of low-carbon and efficient energy utilization system solutions.
Suzhou Thvow Technology Co.Ltd(002564) said that through this reorganization, the strategic pattern of "one body and two wings" of the company was basically formed.
In the new power design and system solutions sector, the company will continue to take China machine power as the main body, rely on its own advantages, continue to strengthen its own capabilities, give full play to its collaborative advantages, and make layout in more application scenarios such as "light coal" complementarity and "fire storage" joint commissioning.
In the high-end equipment manufacturing and service sector of energy and chemical industry, the company takes the above boiler plants as the main body, relies on the core technology and industry advantages, and cooperates with Suzhou Thvow Technology Co.Ltd(002564) and subordinate enterprises to provide technologically leading, low-carbon and efficient complete sets of energy, chemical and industrial equipment and comprehensive solutions for downstream industries.
Insiders pointed out that the addition of shangguo plant will bring synergy to Suzhou Thvow Technology Co.Ltd(002564) existing business structure and realize "1 + 1 > 2". On the one hand, through this reorganization, we will give full play to the technical advantages of energy equipment of shangguo power plant and the advantages of China machinery power design capacity, and jointly grasp business opportunities. On the other hand, this reorganization will help strengthen the in-depth cooperation among shangguo plant, state-controlled global and Zhanghua machine in chemical process design and equipment design and manufacturing, and create more competitive chemical equipment and system solutions.
Suzhou Thvow Technology Co.Ltd(002564) said that through this reorganization, the layout of the company's business assets will be more optimized and the business segments and lines will be clearer. Under the leadership of Shanghai Electric Group Company Limited(601727) , the company will strengthen its strategy and actively respond to and grasp the challenges and opportunities of industrial structure adjustment under the strategic goal of "double carbon".
