Industrials Nov 25, 2021 08:59 PM (GMT+8) · EqualOcean
Financial Associated Press, November 25, * ST Xinyi replied to the inquiry letter of the Shanghai stock exchange that the company believes that the consideration paid by the company for obtaining the equity of yixiangyuan is fair and does not apply to relevant regulations. Since Yixiang has been incorporated into the company since the date of its establishment, the relevant assets, net assets, income, profit and other financial indicators have been incorporated into the company. The company subsequently transferred the outstanding contribution right transferred by Shanghai Juhe and boas, which does not involve the merger of new assets, net assets, income, profit and other financial indicators. At the same time, the transaction consideration for the outstanding contribution right is 0 yuan, It does not constitute a major asset reorganization.