21, Maiwei shares and * ST King Kong issued a joint announcement, disclosing the progress of the transaction contract between the two sides. Prior to the
event review
, on September 29, 2022, Gansu Jingang Yide New Energy Development Co., Ltd. (Hereinafter referred to as "Jingang Yide"), a subsidiary of * ST Jingang Holdings, signed two "Equipment Sale Contracts" (hereinafter referred to as "Original Contracts") with Maiwei Shares. Jingang Yide intends to purchase the whole line of double-sided microcrystalline heterojunction cells for mass production from Maiwei Shares, with the purchase quantity of 8 pieces, totaling 4.
The 4.8G W battery production line contract signed by both parties has delivered three heterojunction battery production lines (corresponding equipment capacity 1.
Combined with the current , this means that the unexecuted 3GW heterojunction battery production line contract is terminated .". Maiwei shares said: "Because the company did not receive the delivery notice of Jingang Photovoltaic and its subsidiary Ouhao Power on this part of the production line, nor did it receive the advance payment, so the company did not schedule production , will not cause additional losses to the company."
has learned from the Maiwei Share Announcement that, Previously, the company had declared 42,355 ordinary creditor's rights to the reorganization administrator of * ST King Kong. Finally, according to the court ruling, the total number of ordinary creditor's rights was 37,092.
Ordinary creditor's rights are paid off in the form of " cash current liquidation + debt payment by shares". Maiwei shares are expected to receive 200000 yuan in cash and 11,410,421 shares of * ST King Kong (according to 32
. According to the stock closing price of 15.42 yuan/share of * ST King Kong on November 20, Maiwei shares said that it is expected to cause the company's debt restructuring losses of 8,546.
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