Zhejiang Qianjiang Motorcycle Co.Ltd(000913) may 20 announcement that the number of non-public shares to be issued to Geely maijie Investment Co., Ltd. controlled by the actual controller Li Shufu shall not exceed 58 million; The issue price is 8.7 yuan / share, and the total amount of fund-raising is expected to be no more than 504.6 million yuan (including this amount), which will be used to supplement working capital after deducting the issue expenses. The shares subscribed by the subscribers of this non-public offering shall not be listed, traded or transferred within 36 months from the date of the end of this offering.
According to the upper limit of this offering, after the offering is completed, Geely maijie Investment Co., Ltd. and its concerted actors Li Shufu and Geely Technology Group Co., Ltd. jointly control 37.73% of the shares of the company. Therefore, this non-public offering triggers the obligation of tender offer stipulated in the administrative measures for the acquisition of listed companies. The board of directors of the company will submit to the general meeting of shareholders to consider and approve the proposal that Geely maijie Investment Co., Ltd. and its persons acting in concert are exempted from issuing an offer. This non-public offering involves related party transactions. Before the non-public offering, Li Shufu, the actual controller of the company, held 135 million shares of the company through Geely Technology Group Co., Ltd., accounting for 29.77% of the total share capital of the company.
