On the evening of February 28, 2022, Yinyi Co.Ltd(000981) ( Yinyi Co.Ltd(000981) ) announced that the company had implemented the plan of converting the capital reserve into shares in the reorganization plan. After the conversion, Jiaxing zihejinxin equity investment partnership (limited partnership) (hereinafter referred to as “zihejinxin”) became Yinyi Co.Ltd(000981) new controlling shareholder with a shareholding ratio of 29.89%.
The increase is expected to help Yinyi Co.Ltd(000981) solve the problems left over by history, such as capital occupation of major shareholders, debt default, performance commitment and so on. If the historical problems are solved, Yinyi Co.Ltd(000981) will officially throw off the burden and go to battle with light pack.
In October 2020, Yinyi Co.Ltd(000981) announced the reorganization plan, and determined that zihejinxin was the reorganization investor of the company, with a total investment quotation of 3.2 billion yuan. On February 28, 2022, the reorganization plan was officially completed, and zihejinxin became the new controlling shareholder of Yinyi Co.Ltd(000981) and its actual controller Ye Ji also became the new actual controller of Yinyi Co.Ltd(000981) company.
Yinyi Co.Ltd(000981) the whole reorganization process adopts the mode of “serial conversion to value-added”, which plays a positive role in the occupation of non operating funds and performance compensation performance of the original controlling shareholders and their related parties.
According to tianyancha, zihejinxin is an equity investment partnership established in August 2020 with a registered capital of 3.6 billion yuan. It is invested by Chiji holding group, Geely maijie Investment Co., Ltd., Qingdao Haili Huiyin investment partnership (limited partnership) and Ningbo Yingong venture capital partnership (limited partnership) with a capital of 1.25 billion yuan, 300 million yuan, 800 million yuan and 900 million yuan respectively. Among them, Geely maijie and Qingdao Haili Huiyin are subordinate to Geely Holding and Qingdao Haier respectively, and Ningbo Yingong is subordinate to Ningbo SASAC. In the process of Yinyi Co.Ltd(000981) reorganization, two private enterprises in China’s science and technology field and local state-owned assets in Ningbo have played an active role.
Zihejin core Yinyi Co.Ltd(000981) can not only solve the previous debt crisis, but also the future development blueprint and continuous assistance planned for Yinyi Co.Ltd(000981) are more worthy of expectation.
