According to the reorganization plan disclosed by Wanhong Group in May this year, the company plans to place 65% equity of Foshan Hotel owned by the actual controller He Changjin by issuing shares and paying cash, and raise matching funds. The transaction amount of the underlying equity is estimated to be 488 million yuan, and the value-added rate is as high as 429.42%.
According to the relevant regulations, after the announcement of the first resolution of the board of directors to issue shares to purchase assets, if the board of directors fails to issue a notice of convening a general meeting of shareholders within six months, the listed company shall reconvene the board of directors to consider the issue of issuing shares to purchase assets.
Wanhong Group said that the company will communicate with relevant parties in the near future to decide whether to hold a board meeting to terminate this major asset restructuring. During the period of stock suspension, the company will disclose the progress announcement of the matter every week.
The restructuring plan of Wanhong Group is to issue 84,964,600 shares to Aoyuan Real Estate at the price of 45,654,38+0 yuan per share and acquire 565,438+0% equity of Foshan Hotel. The estimated transaction price is 383 million yuan, and the price per share is not less than 4.06 yuan. Non-public offering of no more than 28,325,654,38+0,000 shares to no more than 65,438+00 specific investors, raising matching funds of no more than 65,438+0.654 billion yuan, and purchasing 65% equity of Foshan Hotel held by Aoyuan Real Estate in cash. As of the first quarter of this year, the book value of the net assets of the underlying assets was 92.2485 million yuan, and the appraised value of Foshan Hotel was 488 million yuan, with the appraised value-added rate exceeding 400%.