Jiangsu Dewei Advanced Materials Co.Ltd(300325) (300325) it was announced on December 31 that the company received a letter from China overseas chengkai, Huarong assets Jiangsu branch and Xinda assets Jiangsu branch on Exempting the company’s debt. The above three companies exempted the company’s debt repayment obligation of 329 million yuan in total, which took effect from the date of issuing the notice. CNOOC chengkai, Huarong assets Jiangsu branch and Cinda assets Jiangsu branch are potential shareholders of the company. This debt exemption is regarded as an equity transaction. The amount of exempted debt is included in the company’s capital reserve, which will increase the company’s net assets in 2021.
(Securities Times)
