Beijing Compass Technology Development Co.Ltd(300803) 3 announced on March 16 that as the reorganization investor of Wangxin Securities Co., Ltd. (hereinafter referred to as “Wangxin securities”), the company plans to pay 1.5 billion yuan in cash to the manager of Wangxin securities to pay off the debts of Wangxin securities, and hold 100% equity of Wangxin securities after the completion of the reorganization. This transaction constitutes a major asset restructuring of the listed company.
Beijing Compass Technology Development Co.Ltd(300803) indicates that this transaction involves the communication between the manager of wechat securities and relevant creditors, which may affect the transaction scheme. Whether the above links can be successfully completed on schedule may have a significant impact on the time schedule of this transaction. In addition, during the review of this transaction, the trading parties may need to constantly adjust and improve the trading scheme according to the requirements of the regulatory authorities and their respective demands. If the trading parties cannot reach an agreement on the measures to adjust and improve the trading scheme, the trading partner and the company may choose to terminate this transaction.
In the asset appraisal report on the value of all shareholders’ equity of wechat securities issued, Beijing Compass Technology Development Co.Ltd(300803) said that after performing the necessary appraisal procedures, North Northking Information Technology Co.Ltd(002987) ASI Asset Appraisal Office (special general partnership) evaluated the value of all shareholders’ equity of wechat securities, and finally adopted the appraisal results of market method, The value of all shareholders’ equity of Wangxin securities on the benchmark date of December 31, 2021 is 678923700 yuan.
