On the evening of June 7, 2022, *ST Ji 'ai announced that it had signed the Framework Agreement on Enterprise Reorganization with China Orient Asset Management Co., Ltd. Shenzhen Branch (hereinafter referred to as Orient Asset Management Shenzhen Branch) to resolve the company's current operational risks.
It is understood that Orient Asset Management Shenzhen Branch was established in 2000. It is a central financial asset management company approved by the State Council and initiated by the Ministry of Finance and the National Social Security Fund Council. Committed to "resolving financial risks and promoting enterprise development". According to the enterprise survey data, the actual controller of Orient Asset Management Shenzhen Branch is the Ministry of Finance, holding 765,438+0.55%.
The purpose of this cooperation is to resolve the debt risk and business risk of *ST Giai and establish a strategic partnership between the two parties.
Orient Asset Management Shenzhen Branch provides financial services for listed companies to plan and implement debt sequencing, revitalize existing assets, formulate debt restructuring plans, and finance and invest.
Orient Asset Management Shenzhen Branch will designate a third party as a restructuring investor in the restructuring procedure of listed companies.
The reorganization will be carried out in the form of joint reorganization of financial investors and industrial investors. As a financial investor, Orient Asset Management Shenzhen Branch will introduce industrial investors recognized by both parties.