Jinshi data news on November 22nd, Luokai announced that the company plans to participate in the acquisition of 45% equity of Fuzhou Yili publicly listed for transfer by public delisting, with a base price of 86,323,000 yuan. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring. The company will participate in the bidding with its own funds and authorize the management to handle the specific work of this transaction according to the actual situation of the transaction. If the delisting is successful, the company's proportion of equity in Fuzhou Yili will increase from 10% to 55%, and Fuzhou Yili will become a controlling subsidiary of the company. The source of funds for this transaction is the company's own funds, which will not have a significant adverse impact on the company's current financial condition and operating results. There is uncertainty as to whether this transaction can be successfully delisted and the final transaction price.
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Luokai Corporation: Intends to participate in the acquisition of 45% equity of Fuzhou Yili through public delisting.
Jinshi data news on November 22nd, Luokai announced that the company plans to participate in the acquisition of 45% equity of Fuzhou Yili publicly listed for transfer by public delisting, with a base price of 86,323,000 yuan. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring. The company will participate in the bidding with its own funds and authorize the management to handle the specific work of this transaction according to the actual situation of the transaction. If the delisting is successful, the company's proportion of equity in Fuzhou Yili will increase from 10% to 55%, and Fuzhou Yili will become a controlling subsidiary of the company. The source of funds for this transaction is the company's own funds, which will not have a significant adverse impact on the company's current financial condition and operating results. There is uncertainty as to whether this transaction can be successfully delisted and the final transaction price.