On September 10, Jingke Energy issued a notice on the sale of subsidiary shares. According to the announcement, Zhejiang Jingke Energy Co., Ltd. (Hereinafter referred to as "Zhejiang Jingke"), a holding subsidiary of the company, intends to sell 80% of its wholly-owned subsidiary , Zhejiang Jingke New Materials Co., Ltd. (hereinafter referred to as "Jingke New Materials") to the emperor. Branch shares , the transaction consideration is 80 million yuan . After the completion of this
transaction, the shareholding structure of Jinko New Materials is as follows: 80% will be held by Dike and 20% by Zhejiang Jinko; Jinko New Materials will no longer be included in the scope of consolidated statements of Jinko Energy.
According to the content of the announcement, Dike shares pay the transaction price of 80% equity of Jingke New Materials in installments: the down payment is within 5 working days after the signing of the equity acquisition agreement. Dike paid 20% of the transaction consideration (RMB16 million) to Zhejiang Jinko in cash; The final payment of the transaction consideration is within three working days after the completion of the registration of the industrial and commercial change of the equity transfer of Jingke New Materials . Dike paid all the remaining transaction consideration (RMB64 million) to Zhejiang Jinko in cash. The premium rate of the transaction price compared with the book value is 299.08% .
As for the arrangement of the remaining 20% of the shares, the acquisition agreement shows that within 24 months from the date of delivery, according to the agreement reached with Zhejiang Jingke at that time. Dike shares shall transfer the remaining 20% equity 0HTML0U of Jinko New Materials at a price of not less than 20 million yuan in cash and/or by issuing shares (to be determined by both parties through negotiation at that time). NK33, so that Dike shares eventually hold 100% of Jinko New Materials. 0 HTML 0 UNK3 4 Jingke Energy said that if the transaction is implemented smoothly, it will help improve the company's asset operation efficiency, reduce management costs, enhance the company's sustainability, and provide financial support for the company's business expansion. 0 HTML0 UNK3 5 data show that Jingke New Materials was established in 2020, mainly engaged in the research, manufacture and sale of electrode paste for crystalline silicon solar cells. In the first half of this year, the operating income of the company was 56.6669 million yuan, and the net profit loss was 11.3467 million yuan. As of the first half of this year, the total assets of the company were 65.0777 million yuan, the total liabilities were 40.02 million yuan, and the net assets were 25.0577 million yuan. 0HTML0UNK36