According to the Zhitong Finance App, Shanhe Intelligence (002097.SZ) announced that the company's holding subsidiary Hunan Bobang Shanhe New Materials Co., Ltd. (“Bobang Shanhe” for short) plans to implement capital increase and share expansion through a combination of private agreement between the original shareholders to increase capital and introduce public listing in the property rights market to introduce social investors. Among them, the company, as the original shareholder, participated in the capital increase through a private agreement; social investors were determined through public listing on the Guangzhou Property Exchange.
According to reports, the company and social investors increased their capital by means of a cash capital increase, and other original shareholders relinquished their priority subscription rights. Bobang Mountain River plans to recruit investors to increase capital through an open market, with a total capital increase of not less than 200 million yuan; the company's capital increase price remains the same price as the social investor listing transaction price; the company's capital increase amount through a private agreement does not exceed 49% of the total capital increase, and the maximum amount of capital increase is not more than 210 million yuan. The total capital increase consists of the capital increase amount of the new investors added this time and the amount of capital increase agreed by the company. After the capital increase and share expansion are completed, the scope of the company's consolidated statements will not change, and the company is still the controlling shareholder of Bobang Mountain River.