China Merchants Securities Co.Ltd(600999)
Verification opinions on the situation that this reorganization does not constitute the reorganization and listing specified in Article 13 of the measures for the administration of major asset reorganization of listed companies
Ningxia Jiaze Renewables Corporation Limited(601619) (hereinafter referred to as the “company” or “listed company”) intends to purchase 22.7009% of the partnership share of Ningxia ningbai Industrial Investment Fund (limited partnership) (hereinafter referred to as “ningbai fund”) held by Shanghai Electric Group Company Limited(601727) Investment Co., Ltd. by means of cash payment; Meanwhile, Hainan Kaixian Private Equity Fund Management Co., Ltd., the holding subsidiary of the listed company, plans to purchase 0.0463% of the partnership share of ningbai fund held by Ningxia Kaixian Capital Management Co., Ltd. by paying cash. (hereinafter referred to as “this reorganization”)
China Merchants Securities Co.Ltd(600999) as the independent financial adviser of the listed company on this transaction, checked whether this transaction constitutes the reorganization and listing as stipulated in Article 13 of the administrative measures for major asset reorganization of listed companies, and expressed the following opinions:
This restructuring does not involve the issuance of shares and will not lead to changes in the equity structure of the listed company. After the completion of this reorganization, the controlling shareholders and actual controllers of the company have not changed. This reorganization does not belong to the trading situation specified in Article 13 of the administrative measures for major asset reorganization of listed companies and does not constitute reorganization and listing.
It is hereby explained.
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Ningxia Jiaze Renewables Corporation Limited(601619) major asset purchase and related party transactions
