Securities code: 002324 securities abbreviation: Shanghai Pret Composites Co.Ltd(002324) Announcement No.: 2022-005 Shanghai Pret Composites Co.Ltd(002324)
Suggestive announcement on planning major asset restructuring
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
1. Shanghai Pret Composites Co.Ltd(002324) (hereinafter referred to as the “company” or “listed company”) plans to restructure a new energy enterprise in cash and increase its capital in cash for the capacity improvement and business development of the target company; The source of funds is the self raised funds of listed companies, including self owned funds, M & A loans, etc.
2. After preliminary calculation, this transaction is expected to meet the major asset restructuring standards stipulated in the administrative measures for major asset restructuring of listed companies, and will not lead to the change of the company’s control. The company will perform relevant procedures, prepare and disclose relevant documents in accordance with relevant regulations.
3. The transaction is still in the planning stage, and the transaction plan still needs further demonstration, communication and negotiation, and necessary decision-making and approval procedures need to be performed in accordance with relevant laws, regulations and the articles of association. The company has not signed an intentional agreement with the counterparty on this transaction.
4. There are still major uncertainties in matters related to this transaction. According to the principle of “prudent suspension and phased disclosure”, the trading of the company’s shares will not be suspended. The company will timely perform the obligation of information disclosure in phases according to the progress of relevant matters. Please pay attention to the investment risks.
1、 Overview of this transaction
In order to realize the strategic layout of the listed company and improve the sustainable profitability of the listed company, the company plans to restructure a new energy enterprise with cash and increase its capital in cash for the capacity improvement and business development of the target company. The sources of funds are the self owned funds of listed companies, M & A loans, etc.
After the completion of this transaction, the target company will become the holding subsidiary of the listed company.
2、 Basic information of transaction object
The target company is a new energy enterprise specializing in the R & D, production and sales of ternary lithium iron phosphate lithium-ion batteries and their systems. Its products are widely used in smart appliances, electric tools, communication, energy storage and other fields. The company has independent core intellectual property rights, rich new energy technology reserves and continuous R & D capabilities, and has more well-known customers all over the world. 3、 Impact of this transaction on the company
With China putting forward the goals of “carbon peaking” and “carbon neutralization”, and the United States releasing the “clean energy revolution and environment plan”, the global “double carbon” goal has reached a consensus, and the development trend of the whole society towards clean energy is becoming increasingly clear. With the profound change of energy consumption structure, the new energy and energy storage market will maintain rapid development, and the market and customer demand will grow day by day.
Listed companies have a broad customer base in the field of high-end brand vehicles, and continue to deepen the market expansion and industrial layout in the fields of new energy vehicles and 5g new materials. This transaction will help to quickly improve the industrial layout of Listed Companies in the field of new energy, further support the capacity improvement of the target company through capital increase, promote the target company to grasp the industrial opportunities in the field of energy storage, promote the industrial synergy between listed companies and target companies, and promote the high-quality development of listed companies. 4、 Risk tips
The transaction is still in the planning stage, the asset scope, transaction price and other elements of the underlying assets have not been finalized, the parties to the transaction have not signed an agreement, the transaction plan still needs further demonstration, communication and negotiation, and the necessary decision-making and approval procedures need to be performed in accordance with the provisions of relevant laws, regulations and the articles of association, The final implementation and the specific progress of implementation are uncertain.
The company will timely fulfill the obligation of information disclosure according to the progress of relevant matters. Please pay attention to the investment risks.
It is hereby announced!
Shanghai Pret Composites Co.Ltd(002324) board of directors
February 13, 2022
